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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 $160,000. Production and material costs are estimated to be $6 per book. The publisher plans to sell the text to college and university bookstores for $96 each.
a. Determine equations for the total cost, total revenue, and profit.
b. What profit or loss can be anticipated with a demand of 3800 copies?
c. With a demand of 3800 copies, what is the minimum price per copy that the publisher must charge to break even?
d. Illustrate the break-even volume graphically (graph total cost and total revenue).

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