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An editorwants to publish a new book.Before being approved, the publisher needs to make sure that it can profit with the production cost and staff.
An editorwants to publish a new book.Before being approved, the publisher needs to make sure that it can profit with the production cost and staff.
Their accountant has given them a cost equation ofy=-0.5x+2790and a revenue equation ofy=0.8x
Calculate and interpret the break-even point.
The break-even point tells us that the cost for producinghow many books is how much money?
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