A non-profit organization is planning a fundraising event. The total funds raised, , are a linear function of the number of tickets sold, . For every tickets sold, the funds raised increase by $1,250. When tickets are sold, the total funds raised are $6,000. What does the -intercept represent in this context?
The cost of each ticket.
The initial donation received before any tickets are sold.
The amount of funds raised for every ticket sold.
The maximum funds the organization can raise.
