asked 163k views
2 votes
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). The one-time fixed costs will total 30,814

. The variable costs will be 11.50
per book. The publisher will sell the finished product to bookstores at a price of 19.25
per book. How many books must the publisher produce and sell so that the production costs will equal the money from sales?

asked
User Azjezz
by
8.6k points

1 Answer

3 votes
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Define x :
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Let x be the number of books.

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Find cost of the books:
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30814 + 11.5x

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Find Sales of the books :
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19.25x

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Find the number of books needed :
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30814 + 11.5x = 19.25x
19.25x - 11.5x = 30814
7.75x = 30814
x = 3976

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Answer: 3876 books
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answered
User Pathsofdesign
by
8.6k points
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