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Eastman Publishing Company is considering publishing an electronic talbuuk about spreadsheet applications for business. The Fixed cost uf manuscript preparation, textbnok design, and web site

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Eastman Publishing Company is considering publishing an electronic talbuuk about spreadsheet applications for business. The Fixed cost uf manuscript preparation, textbnok design, and web site construction is emimated to be $156,000. variable processing costs are estimated to be $4 per book The publisher plans to sell singleouser access to the book for $41 Through a series of wetrbased experiments, Eastman has created a predictive model that estimates demand as a function of price. The predictive model is demand : 4,000 7 6p, where p is the price or the erbDDk. (3) Construct an appropriate spreadsheet model for calculating the prutllass at a given single-user access price taking into account the above demand iunction. what is the prot estimated by your model for the given costs and single user access price (in dollars). _x (b) Use Goal Seek to calculate the price (in dollars) that results in breakeven. [Round yuur answer to the nearest cent.) _x (c) Use a data table that varies price from $50 to $400 in increments of $25 to nd the price (in dollars) that maximizes prot. _x

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