The production costs modeled in a linear equation
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A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). There are two production methods it could use. With one method, the one-time fixed costs will total $49,345., and the variable costs will be $9.75 per book. With the other method, the one-time fixed costs will total $15,262., and the variable costs will be $25.50 per book. For how many books produced will the costs from the two methods be the same?
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The production costs are discussed.
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Let x be the number of books produced
Total cost from first method = 49345 + ...
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