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 1167255: 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 $44,254. The variable costs will be $8.50 per book. The publisher will sell the finished product to bookstores at a price of $23 per book. How many books must the publisher produce and sell so that the production costs will equal the money from sales?
Everything you need is in this balance equation
44254 + 8.50*n = 23n,
where n is the number of books produced and sold.
From the equation
n = = 3052. ANSWER