A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). There are two production methods it could use. With one method, the one-time fixed costs will total $13,339, and the variable costs will be $22.50 per book. With the other method, the one-time fixed costs will total $69,101, and the variable costs will be $10.25 per book. For how many books produced will the costs from the two methods be the same?
A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). There are two production methods it could use. With one method, the one-time fixed costs will total $13,339, and the variable costs will be $22.50 per book. With the other method, the one-time fixed costs will total $69,101, and the variable costs will be $10.25 per book. For how many books produced will the costs from the two methods be the same?
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...
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A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). There are two production methods it could use. With one method, the one-time fixed costs will total $13,339, and the variable costs will be $22.50 per book. With the other method, the one-time fixed costs will total $69,101, and the variable costs will be $10.25 per book. For how many books produced will the costs from the two methods be the same?
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