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Kai sells a small magazine full of celebrity gossip to college students for $2.06 per copy. Hiring the printing press for one day, the only
Kai sells a small magazine full of celebrity gossip to college students for $2.06 per copy. Hiring the printing press for one day, the only fixed cost, is $301 per issue. The variable cost of printing each issue is $0.86 per copy. The printer tells Kai the cost of hiring the press is to increase by $121 per day. Before the increase in the cost of hiring the press, Kai was earning a profit of $500 per issue.
How many copies per issue (units) was Kai selling?
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