Your college newspaper, The Collegiate Times, has fixed production costs of $7000 per edition, and variable printing and distribution costs of $40 per copy. The Collegiate Times sells for $50 per copy. Write down the associated cost, revenue, and profit functions. What profit (or loss) results from the sale of 500 copies of The Collegiate Times? How many copies should be sold to break even?

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Answered: Your college newspaper, The Collegiate…

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter12: Quadratic Functions

Section12.8: Joint And Combined Variation

Problem 3P

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Your college newspaper, The Collegiate Times, has fixed production costs of $7000 per edition, and variable printing and distribution costs of $40 per copy. The Collegiate Times sells for $50 per copy.

Write down the associated cost, revenue, and profit functions.
What profit (or loss) results from the sale of 500 copies of The Collegiate Times?
How many copies should be sold to break even?

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