The well-known romance novelist Celestine A. Lafleur (a.k.a. Bertha Snodgrass) has decided to sell the screen rights to her latest book, Henrietta's Heaving Heart, to Boxoffice Success Productions for $49,000. In addition, the contract ensures Ms. Lafleur royalties of 5% of the net profits.† Express her income I as a function of the net profit N.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Chapter8: Polynomials
Section8.1: Adding And Subtracting Polynomials
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The well-known romance novelist Celestine A. Lafleur (a.k.a. Bertha Snodgrass) has decided to sell the screen rights to her latest book, Henrietta's Heaving Heart, to Boxoffice Success Productions for $49,000. In addition, the contract ensures Ms. Lafleur royalties of 5% of the net profits.† Express her income I as a function of the net profit N.
 
 
I(N) = 
 
Determine the net profit (in dollars) necessary to bring her an income of $150,000.
N = $ 
What is her marginal income (share in dollars of each dollar of net profit)?
$  per dollar of net profit
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The well-known romance novelist Celestine A. Lafleur (a.k.a. Bertha Snodgrass) has decided to sell the screen rights to her latest book, Henrietta's Heaving Heart, to Boxoffice Success Productions for $49,000. In addition, the contract ensures Ms. Lafleur royalties of 5% of the net profits.

 

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