What is the breakeven point of this book

Reference no: EM13693826

Suppose that you are a consultant to a firm that publishes books. Suppose that the firm is about to publish a book that will sell for $24 a copy. The fixed coat of publishing the book are $7200, the variable cost is $18 a copy. What is the breakeven point of this book?

Reference no: EM13693826

Questions Cloud

The aggregate production function : Suppose the aggregate production function in ADANAC is Yt = A K1/3 L 2/3. Assume A is constant and equal to 2. What are the returns to scale in this production function?

Federal tax and expenditure programs : Federal tax and expenditure programs:

Government is lobbied to institute price controls because : Government is lobbied to institute price controls because:

Explain cause of wage differentials using migration theory : Explain the cause of wage differentials using the compensated wage theory, be brief (5 pts). Explain the cause of wage differentials using the human capital theory, be brief (10 pts). Explain the cause of wage differentials using the migration theory..

What is the breakeven point of this book : Suppose that you are a consultant to a firm that publishes books. Suppose that the firm is about to publish a book that will sell for $24 a copy. The fixed coat of publishing the book are $7200, the variable cost is $18 a copy. What is the breakeven ..

Cost minimization input combination be after price changes : A cost minimizing firm's production function is given by q=lk, where MPl=k and mpk=l. the price of labor services is w and the price of capital services is r. suppose you know that when w=$4 and r=$2, the firms total cost is $160.

Compute monthly payment : An individual is considering the purchase of a used car. Total amount of the car is $10,400 and requires $2,400 as a down payment and the balance need to be paid in 60 equal monthly payments with an effective interest rate of 12% per year compounded ..

Discuss the shape of the indifference curve : Discuss the shape of the indifference curve for each of the following pairs of goods:

Lower interest rates-monetary policy : According to theory, if you lower interest rates, business investments and consumer purchases of large durable goods are supposed to increase. In return, this is to help pull us out of a recession.

User Account

All Pages