Final answer:
To produce a revenue of $15,580, a minimum of 3071 passengers, in excess of the initial 75 passengers, is needed.
Step-by-step explanation:
To find the number of passengers needed to produce a revenue of $15,580, we need to solve an equation. Let x represent the number of passengers in excess of 75. Since there is a refund of $5 per passenger in excess of 75, the revenue from those passengers will be 5x. The total revenue can be calculated by adding the revenue from 75 passengers and the revenue from the passengers in excess of 75, and setting it equal to $15,580. So the equation is:
225 + 5x = 15580
To solve the equation, we need to isolate x. First, subtract 225 from both sides:
5x = 15355
Then, divide both sides by 5:
x = 3071
Therefore, a minimum of 3071 passengers, in excess of the initial 75 passengers, is needed to produce a revenue of $15,580.