Question
A famous author negotiates with her publisher the monies she will receive for her next suspense novel. She will receive $50,000 up front and a
A famous author negotiates with her publisher the monies she will receive for her next suspense novel. She will receive $50,000 up front and a 15% royalty rate on the first 100,000 books sold, and 20% on any books sold beyond that. If the book sells for $20 and royalties are based on the selling price, write a royalties function R(x) as a function of total number x of books sold.
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Intermediate Accounting
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