document.write( "Question 484128: A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting) at $55,000, and variable costs (printing, paper, binding, shipping) at $1.60 for each book produced. If the book is sold to distibutors for $11 each, how many must be produced and sold for the publisher to break even? \n" ); document.write( "
Algebra.Com's Answer #331288 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! Let x = no. of books published \n" ); document.write( ": \n" ); document.write( "A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting) at $55,000, and variable costs (printing, paper, binding, shipping) at $1.60 for each book produced. \n" ); document.write( "If the book is sold to distibutors for $11 each, how many must be produced and sold for the publisher to break even? \n" ); document.write( ": \n" ); document.write( "Cost equations \n" ); document.write( "c(x) = 1.60x + 55000 \n" ); document.write( "Revenue equation \n" ); document.write( "r(x) = 11x \n" ); document.write( ": \n" ); document.write( "Break even is when Revenue = cost, therefore \n" ); document.write( "11x = 1.60x + 55000 \n" ); document.write( "11x - 1.6x = 55000 \n" ); document.write( "9.4x = 55000 \n" ); document.write( "x = \n" ); document.write( "x ~ 5851 books \n" ); document.write( "; \n" ); document.write( ": \n" ); document.write( "Prove this to your self \n" ); document.write( "Rev: 11(5851) = $64,361.00 \n" ); document.write( "Cost: 1.6(5851) + 55000 = $64,361.60 (slight loss we can sell a portion of a book) \n" ); document.write( " |