The production costs include a one-time cost for editing the book, which is $1,050 for the book the company is currently working on (The Universe of Math). Once the book is in production, the only cost will be the variable cost of printing, which is $15 per book. The company will market the book at a price of $35.

Question

Babyplier · Answer

Whats the question?

gabby10 · Answer

If you were to plot a graph of the profit generated by this book, what would the slope and the y-intercept represent?

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Vocaloid · Answer

first consider how to make the profit function

profit = revenue - expenses

if we let x be the number of books solid, and the book is being sold for $35 then the revenue is 35x

the one time expense is 1050
the cost of printing the book is 15 dollars per book, so the variable expense is 15x

so our profit function is

profit = 35x - 15x - 1050 = 25x - 1050

so @gabby10 any ideas what the slope (25) and the y-intercept (-1050) represent? as a hint try to consider what these mean in terms of x, the number of books sold