Ahmad must decide between two publishers who are vying for his new book. Publisher A offers royalties

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Ahmad must decide between two publishers who are vying for his new book. Publisher A offers royalties of 1% of net proceeds on the first 30,000 copies and 3.5% on all copies in excess of that figure, and expects to net $2 on each copy sold. Publisher B will pay no royalties on the first 4,000 copies sold but will pay 2% on the net proceeds of all copies sold in excess of 4,000 copies, and expects to net $3 on each copy sold. Suppose Ahmad expects to sell N copies. State a simple criterion based on N for deciding how to choose between the publishers.

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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