A seamstress plans to make scarves, which would require renting a new machine at a cost of $1,000 per month. The variable costs would be $20 per scarf and the selling price would be $40 per scarf.

If the demand is 45 scarves per month, would this be a good investment? Why or why not?

Answer rating: 100% (QA)

To determine if this investment would be profitable we need to calculate the total revenue ... View the full answer