document.write( "Question 1179798: Your college newspaper, The Collegiate Investigator, has fixed production costs of $76 per edition and marginal printing and distribution costs of 42¢ per copy. The Collegiate Investigator sells for 62¢ per copy.\r
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document.write( "(a)
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document.write( "What profit (or loss) results from the sale of 500 copies of The Collegiate Investigator?
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document.write( "(b)
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document.write( "How many copies should be sold in order to break even? \n" );
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Algebra.Com's Answer #850149 by ikleyn(52798)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "Your college newspaper, The Collegiate Investigator, has fixed production costs of $76 per edition and marginal printing and distribution costs of 42¢ per copy. The Collegiate Investigator sells for 62¢ per copy.\r \n" ); document.write( "\n" ); document.write( "(a) What profit (or loss) results from the sale of 500 copies of The Collegiate Investigator?\r \n" ); document.write( "\n" ); document.write( "(b) How many copies should be sold in order to break even? \n" ); document.write( "~~~~~~~~~~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( "(a) Simple arithmetic.\r\n" ); document.write( "\r\n" ); document.write( " The cost to produce 500 copies is 76 + 500*0.42 = 286 dollars.\r\n" ); document.write( "\r\n" ); document.write( " The revenue when 500 copies sold is 500*0.62 = 310 dollars.\r\n" ); document.write( "\r\n" ); document.write( " No loss. The profit is 310-286 = 24 dollars.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "(b) Let n be the number of copies produced and sold.\r\n" ); document.write( "\r\n" ); document.write( " The cost to produce n copies is 76 + 0.42*n dollars.\r\n" ); document.write( "\r\n" ); document.write( " The revenue when n copies sold is 0.62*n dollars.\r\n" ); document.write( "\r\n" ); document.write( " The break even equation is\r\n" ); document.write( "\r\n" ); document.write( " 76 + 0.42*n = 0.62n.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " The solution is n =\r \n" ); document.write( "\n" ); document.write( "Solved.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |