SOLUTION: A publisher has a fixed cost of $250,000 associated with the production of a college mathematics book. The contribution to profit and fixed cost from the sale of each book is $6.25

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Question 1163383: A publisher has a fixed cost of $250,000 associated with the production of a college mathematics book. The contribution to profit and fixed cost from the sale of each book is $6.25.
a) Determine the number of books which must be sold in order to break even
b) What is the expected profit if 50,000 books are sold?

Answer by ikleyn(52813) About Me  (Show Source):
You can put this solution on YOUR website!
.

Sorry,

in your post, this sentence

    "The contribution to profit and fixed cost from the sale of each book is $6.25."

does not make sense.


Double check with your source.

When you will find an error, fix it.

After that, you may re-post your request to the forum.

If you do, then PLEASE do not post it to me personally.


Have a nice day / evening / night / morning / afternoon . . .