Suppose you write a book. A printer charges $4 per book to print it and you spend $3500 on advertising. You sell the book for $15 a copy. How many copies must you sell so that your income from sales is greater than your total cost?

katdoringlo

katdoringlo

Answered question

2022-09-12

Suppose you write a book. A printer charges $4 per book to print it and you spend $3500 on advertising. You sell the book for $15 a copy. How many copies must you sell so that your income from sales is greater than your total cost?

Answer & Explanation

mercuross8

mercuross8

Beginner2022-09-13Added 16 answers

You earn $11 per book because
$ 15 - $ 4 = $ 11
Your other cost is advertising. You must sell at least
$ 3500 $11/book
or 318.2 books to offset that cost. Therefore, you must sell at least 319 books.

Do you have a similar question?

Recalculate according to your conditions!

Ask your question.
Get an expert answer.

Let our experts help you. Answer in as fast as 15 minutes.

Didn't find what you were looking for?