SOLUTION: A firm pays $1.75 for each copy of a magazine and sells each one for $2.50. There is a fixed monthly cost of $40 for printing the publication. If the firm wants to make $550 doll
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Question 899274: A firm pays $1.75 for each copy of a magazine and sells each one for $2.50. There is a fixed monthly cost of $40 for printing the publication. If the firm wants to make $550 dollars next month, how many magazines do they have to sell? Write and solve an equation that represents this scenario. Answer by josgarithmetic(39617) (Show Source):
You can put this solution on YOUR website! x, number of magazines to sell and to be produced
Cost, 1.75*x+40
Revenue, 2.50*x
"make $550 next month" is assumed to mean "profit".
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