Question

The following equation determines the cost of having an event, C(p), in dollars, as a function of the number of people attending the event, p. C(p) = 250p + 1,500 If 300 is subtracted from the y-intercept of the equation to arrive at a new equation for calculating the cost of having an event, then which of the following is true? A. The cost per person will increase by 300 dollars. B. The cost per person will decrease by 300 dollars. C. The number of people attending the event will decrease by 300. D. The fixed cost of the event will decrease by 300 dollars.