Question

Problem 40.) A member of the finance staff at a major publisher determines that the cost...

Problem 40.) A member of the finance staff at a major publisher determines that the cost in dollars of producing x copies of a new statistics text is about:

C(x) = 1200 + 20x -.005x2 for 0 ≤ x ≤ 200.

a.) What is the total cost for producing 100 copies of the book?

b.) How quickly is C(x) changing when x = 100? Interpret your answer in a sentence.

c.) Find the average cost per book of producing 100 books.

d.) Suppose we charge $120 per book and we produce and sell 100 copies. Would we make a profit? How much?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
3. TJ publisher sells finance textbooks for $100 each. The variable cost per book is $60....
3. TJ publisher sells finance textbooks for $100 each. The variable cost per book is $60. At current annual sales of 10,000 books, the publisher is just breaking even. What is its current level of fixed costs?
Please show me how to apply CVP analysis for this case study. FLY ASH BRICK PROJECT:...
Please show me how to apply CVP analysis for this case study. FLY ASH BRICK PROJECT: FEASIBILITY STUDY USING CVP ANALYSIS S. K. Mitra and Shubhra Hajela wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be transmitted, photocopied, digitized or otherwise reproduced in any...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT
Active Questions
  • After collecting data on 19283 dogs, you find that male vallhunds have an average weight of...
    asked 53 seconds ago
  • Research Target Corporation and assess your satisfaction with the company you researched and make recommendations about...
    asked 1 minute ago
  • Evidence suggests that 70% of FSU students like turtles. Suppose we randomly sampled 15 FSU students....
    asked 1 minute ago
  • Ulrich challenges the appropriateness of the nearly universal symbolism of the spinning wheel as the marker...
    asked 2 minutes ago
  • Differential Equations: Please try to computer type, if not possible be clear and organize. Thank you...
    asked 2 minutes ago
  • In your opinion, what are the three (3) most important benefits an employer can give to...
    asked 8 minutes ago
  • In a test of the effectiveness of garlic for lowering​ cholesterol, 81 subjects were treated with...
    asked 11 minutes ago
  • How does the 95% confidence interval correspond to the reported conclusion at a 0.05 significance level?...
    asked 12 minutes ago
  • 1) Consider the following Java program, which one of the following best describes "setFlavor"? public class...
    asked 12 minutes ago
  • You've had a chance to learn about Facebook, its model, growth, outlook, strategic assets, and competitive...
    asked 12 minutes ago
  • 1. What probability rule applies to this scenario? If 58% of the stats studs surveyed have...
    asked 28 minutes ago
  • 24. Several employees have submitted different methods of assembling a subassembly. Sample data for each method...
    asked 30 minutes ago