Scenario: A small publishing company is planning to publish a new book. The production costs will include onetime fixed costs (such as editing) and variable costs [such as printing). The onetime liked costs will total $68,475. The variable costs will be $11.25 per book. The publisher will sell the finished product to bookstores at a price of $25 per book. How many books must the publisher produce and sell so that the production costs will equal the money from sales?© BrainMass Inc. brainmass.com June 4, 2020, 1:04 am ad1c9bdddf
The cost function is C(x) = 11.25x + 68475
The revenue function is ...
This solution provides a clear and concise response examining the number of books that a publisher must produce and sell so that the production costs will be advantageous. All required calculations and formulas are provided.