This topic contains a solution. Click here to go to the answer

Author Question: An author has received an advance against royalties of 10,000 . The royalty rate is 1.00 for every ... (Read 47 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568
An author has received an advance against royalties of 10,000 . The royalty rate is 1.00 for every book sold in the United States, and 1.35 for every book sold outside the United States. Define variables for this problem and write an expression that could be used to calculate the number of books to be sold to cover the advance.

Question 2

There is a fixed cost of 50,000 to start a production process. Once the process has begun, the variable cost per unit is 25 . The revenue per unit is projected to be 45.
 a. Write an expression for total cost.
  b. Write an expression for total revenue.
  c. Write an expression for total profit.
  d. Find the break-even point.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xiazhe

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

Let x1 = the number of books sold in the U.S.
Let x2 = the number of books sold outside the U.S.
10000 = 1x1 + 1.35x2

Answer to Question 2

a. C(x) = 50000 + 25x
b. R(x) = 45x
c. P(x) = 45x  (50000 + 25x)
d. x = 2500




meagbuch

  • Member
  • Posts: 568
Reply 2 on: Jun 24, 2018
:D TYSM


smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

For a complete list of videos, visit our video library