Using linear function concepts, it is found that:
A linear function is modeled by:
[tex]y = mx + b[/tex]
In which:
Item 1:
The fixed price of $500 is the y-intercept, while the entrance fee of $5.00 is the slope, hence, the equation is:
y = 500 + 5x.
Item 2:
100 people means that x = 100, hence, the total cost would be of:
y = 500 + 5(100) = $1,000.
More can be learned about linear function concepts at https://brainly.com/question/24808124