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8. [0/3 Points] DETAILS PREVIOUS ANSWERS CAMMBA4 10.E.006. MY NOTES ASK YOUR TEACHER Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet
8. [0/3 Points] DETAILS PREVIOUS ANSWERS CAMMBA4 10.E.006. MY NOTES ASK YOUR TEACHER Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and web site constructions PRACTICE ANOTHER estimated to be $171,000. Variable processing costs are estimated to be 19 per book. The pubosher plans to sell single-user access to the book for $45 Through a series of web-based experiments, Eastman has created a predictive model that estimates demand as a function of price. The predictive model is demand 4,000-, where p is the price of the book, (a) Construct an appropriate spreadsheet model for calculating the profitluss at a given single-user access price taking into account the above demand function, what is the probe estimated by your model for the given costs and single user access price (in dotars). 1710 x (b) Use Goal Sees to calculate the price on dollars) that results in breakeven. (Round your answer to the nearest cent.) 40.17 (c) Use a data table that venies pnce from $50 to $400 in increments of $25 to find the price (in dollars) that masimas prof $287.50 Need Help? x
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