Directions:
A group of friends decided to organize a charity fundraiser for their local community. They have
to decide between two fundraising events: a bake sale or a talent show. Each event has its pros
and cons.
For the bake sale:
- They estimate they can sell each baked item for $2 on average.
- They have six bakers who can cach bake 50 items.
- The cost of ingredients for each baked item is $0.50.
- They need to rent a stall for $50.
For the talent show:
- They estimate they can sell tickets for $5 each.
- They have 10 talented performers who are willing to participate.
- They need to rent a venue for $200.
- They need to hire sound equipment for $100.
Assuming all baked items will be sold at the bake sale and all tickets will be sold for the talent
show, the group wants to maximize their profit for the charity. Which event should they choos
and how much profit can they expect to make? Explain your reasoning, including any
assumptions you make and how you arrived at your conclusion.