On a map, 2 inches represents 60 miles. What part of an inch represents 12 miles? Please show how you get you answer.
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<h3>3856 books has to be sold so that the production costs will equal the money from sales</h3>
<em><u>Solution:</u></em>
Let "x" be the number of books
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 52,056
The variable costs will be 9.75 per book
Therefore,
Cost = 9.75x + 52056 ------ eqn 1
The publisher will sell the finished product to bookstores at a price of 23.25 per book
Therefore,
Revenue = 23.25x -------- eqn 2
<em><u>How many books must the publisher produce and sell so that the production costs will equal the money from sales?</u></em>
Revenue = cost
3856 books has to be sold so that the production costs will equal the money from sales