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Publishing Costs Alfred Juarez owns a small publishing

Chapter 1, Problem 34A

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QUESTION:

Problem 34A

Publishing Costs Alfred Juarez owns a small publishing house specializing in Latin American poetry. His fixed cost to produce a typical poetry volume is $525, and his total cost to produce 1000 copies of the book is $2675. His books sell for $4.95 each.

a. Find the linear cost function for Alfred’s book production.

b. How many poetry books must he produce and sell in order to break even?

c. How many books must he produce and sell to make a profit of $1000?

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QUESTION:

Problem 34A

Publishing Costs Alfred Juarez owns a small publishing house specializing in Latin American poetry. His fixed cost to produce a typical poetry volume is $525, and his total cost to produce 1000 copies of the book is $2675. His books sell for $4.95 each.

a. Find the linear cost function for Alfred’s book production.

b. How many poetry books must he produce and sell in order to break even?

c. How many books must he produce and sell to make a profit of $1000?

ANSWER:

Solution:-

Step 1 of 4

Given that

a. We have to calculate the linear cost function for Alfred’s book production.

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