Joe makes and sells fleece blankets. it costs $5.95 for the fabric for each blanket and $175 per month to rent the machine. He sells the blankets for $25.95 eac

Question

We want to find the number of blankets he must sell to earn a profit each month

Answer 1

Cost is 175 + 5.95X

Revenue = 25.95x

Profit function is 25.95x - (5.95x + 175) =

20x - 175

20x - 175 > 0

20x > 175

x > 175/20 = 8.75

9 blankets.

9 blankets cost 53.55 plus 175 = 228.55

and the revenue income is 9*25.95 = 233.55

produces $5 profit

9 fleece blankets