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Beta Publishing Company is considering publishing a paperback textbook on spreadsheet applications for business. Data: The fixed cost of manuscript preparation, textbook design, and production
Beta Publishing Company is considering publishing a paperback textbook on spreadsheet applications for business.
Data: The fixed cost of manuscript preparation, textbook design, and production setup is estimated to be $ Production and material costs are estimated to be $ per book. The publisher plans to sell the text to college and university bookstores for $ each.
a Determine equations for the total cost, total revenue, and profit.
b What profit or loss can be anticipated with a demand of copies?
c With a demand of copies, what is the minimum price per copy that the publisher must charge to break even?
d Illustrate the breakeven volume graphically graph total cost and total revenue
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