SOLUTION: 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). The on

Question 1110423: 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). The one-time fixed costs will total
$67,600
. The variable costs will be
$8.75
per book. The publisher will sell the finished product to bookstores at a price of
$25
per book. How many books must the publisher produce and sell so that the production costs will equal the money from sales?

Found 3 solutions by josgarithmetic, TeachMath, ikleyn:
Answer by josgarithmetic(39617)   (Show Source): You can put this solution on YOUR website!
x, how many books
y, production cost

For x books also SOLD, revenue is .

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How many books must the publisher produce and sell so that the production costs will equal the money from sales?
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------------solve.
Answer by TeachMath(96)   (Show Source): You can put this solution on YOUR website!
4,160 books
Answer by ikleyn(52781)   (Show Source): You can put this solution on YOUR website!
.

The correct equation is 8.75*b + 67600 = 25*b with the solution b = = 4160 books.

Be aware !:   The equation by @josgarithmetic was   W R O N G.

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