A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copyediting, typesetting, and so on) at $87,000 and variable costs (printing, paperm bilding, shipping) at $4.50 for each book produced. If the book is sold to distributors for $28 each, how many must be produced and sold for the publisher to break even?

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...
icon
Related questions
Topic Video
Question

A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copyediting, typesetting, and so on) at $87,000 and variable costs (printing, paperm bilding, shipping) at $4.50 for each book produced. If the book is sold to distributors for $28 each, how many must be produced and sold for the publisher to break even?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Optimization
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax