Hint$($s$)$

Check My Work

Variable processing costs are estimated to be $$5$ per book. The publisher plans to sell single$-$user access to the book for $$49.$

$($a$)$ Build a spreadsheet model to calculate the profitloss for a given demand. What is the demand?

$($b$)$ Use Goal Seek to calculate the price that results in breakeven. If required, round your answer to two decimal places.

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$($c$)$ Use a data table that varies price from $$50$ to $$400$ in increments of $$25$ to find the price that maximizes profit. If Eastman sells the single$-$user access to the electronic book at a price of $ it will earn a maximum profit of $