Question

A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). The one-time fixed costs will total $30,266. The variable costs will be $11.50 per book. The publisher will sell the finished product to bookstores at a price of
$20.75 per book. How many books must the publisher produce and sell so that the production costs will equal the money from sales?

Answer 1

WILL FAN AND MEDAL

Answer 2

@Will.H

Answer 3

So we would end up with expression like this
11.50x + 30,266 = 20.75x
Solve for x
-9.25x = -30,266
X = 3272

If you substitute the value of x in the expression you'll get both sides equal to each other which set the context and expression true. Thus the number of books must be 3272