Lucinda hes written a new novel and has chosen to self-pubish. Her copyright ensures that no one can legally copy her ne table below shows the demand for Lucenda's novel and her costs of publishing Demand, Costs, and Revenues for Lucinda's Book Harginal Reven (dollars) Price (dallars) $45 40 35 30 25 20 15 Quantity (books) B 4,000 5,00 12,000 16,99 20,000 24,900 $4. 15000 k 10.00 28.00 10.09 0.00 -18.00 Marginal Cast (dollars) $5.00 3.75 5.00 22.00 18.30 32.25 Average Total Cast (dollars) Instruction her your answers as a whole numbr a. How many bocks should Lucencle publish in order to maximize profit? $5.25 S.m 6:25 8.75 12.94

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Lucinda hes written a new novel and has chosen to self-pubish. Her copyright ensures that no one can legally copy her ne
table below shows the demand for Lucenda's novel and her costs of publishing
Demand, Costs, and Revenues for Lucinda's Book
Harginal Reven
(dollars)
Price
(dallars)
$45
40
35
30
25
20
15
Quantity
(books)
B
4,000
5,00
12,000
16,99
20,000
24,900
$4.
15000 k
10.00
28.00
10.09
0.00
-18.00
Marginal Cast
(dollars)
$5.00
3.75
5.00
22.00
18.30
32.25
Average Total Cast
(dollars)
Instruction
her your answers as a whole numbr
a. How many bocks should Lucencle publish in order to maximize profit?
$5.25
S.m
6:25
8.75
12.94
Transcribed Image Text:Lucinda hes written a new novel and has chosen to self-pubish. Her copyright ensures that no one can legally copy her ne table below shows the demand for Lucenda's novel and her costs of publishing Demand, Costs, and Revenues for Lucinda's Book Harginal Reven (dollars) Price (dallars) $45 40 35 30 25 20 15 Quantity (books) B 4,000 5,00 12,000 16,99 20,000 24,900 $4. 15000 k 10.00 28.00 10.09 0.00 -18.00 Marginal Cast (dollars) $5.00 3.75 5.00 22.00 18.30 32.25 Average Total Cast (dollars) Instruction her your answers as a whole numbr a. How many bocks should Lucencle publish in order to maximize profit? $5.25 S.m 6:25 8.75 12.94
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