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A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $50,000, and variable costs
A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $50,000, and variable costs (printing, paper, binding, shipping) at $2.70 for each book produced. With this pricing, 4066 books need to be produced and sold at $15.00 each for the publisher to break even. However, rising prices for paper require an increase in variable costs to $3.20 for each book produced. Use this information to complete parts a. through c. A. Decrease the fixed costs. B. Increase the font size of the print in the book. C. Increase the selling price of the book D. Find different suppliers to try and lower the variable costs.
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