Alfred Juarez owns a small publishing house specializing in Latin American poetry. His fixed cost to produce
Question:
Alfred Juarez owns a small publishing house specializing in Latin American poetry. His fixed cost to produce a typical poetry volume is $525, and his total cost to produce 1000 copies of the book is $2675. His books sell for $4.95 each.
a. Find the linear cost function for Alfred’s book production.
b. How many poetry books must he produce and sell in order to break even?
c. How many books must he produce and sell to make a profit of $1000?
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a The linear cost function can be expressed as the sum of the fixed cost cost when producing 0 books ...View the full answer
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Calculus With Applications
ISBN: 9780321831101
10th Edition
Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey
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