The weekly cost, revenue and profit function of the music album sold on OHaganBooks.com if the website charges $ 9.50 per album where $ 5.50 per album is the cost of composer royalties and copyright and $ 500 per week is the cost of operating and maintaining o’tunes.

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Answer 1

Question

Chapter 1, Problem 39RE

(a)

To determine

To calculate: The weekly cost, revenue and profit function of the music album sold on OHaganBooks.com if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

(b)

To determine

To calculate: The number of albums must be sold per week to break even, if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

(c)

To determine

To calculate: The number of albums must be sold per week to break even if the charges per album are decreased to $8.00 from $9.50, where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

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Answer 2

Question

Chapter 1, Problem 39RE

(a)

To determine

To calculate: The weekly cost, revenue and profit function of the music album sold on OHaganBooks.com if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

(b)

To determine

To calculate: The number of albums must be sold per week to break even, if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

(c)

To determine

To calculate: The number of albums must be sold per week to break even if the charges per album are decreased to $8.00 from $9.50, where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

Expert Solution & Answer

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Answer 3

Question

Chapter 1, Problem 39RE

(a)

To determine

To calculate: The weekly cost, revenue and profit function of the music album sold on OHaganBooks.com if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

(b)

To determine

To calculate: The number of albums must be sold per week to break even, if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

(c)

To determine

To calculate: The number of albums must be sold per week to break even if the charges per album are decreased to $8.00 from $9.50, where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

Expert Solution & Answer

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Answer 4

Question

Chapter 1, Problem 39RE

(a)

To determine

To calculate: The weekly cost, revenue and profit function of the music album sold on OHaganBooks.com if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

(b)

To determine

To calculate: The number of albums must be sold per week to break even, if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

(c)

To determine

To calculate: The number of albums must be sold per week to break even if the charges per album are decreased to $8.00 from $9.50, where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

Expert Solution & Answer

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Answer 5

Chapter 1, Problem 39RE

(a)

To determine

To calculate: The weekly cost, revenue and profit function of the music album sold on OHaganBooks.com if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

(b)

To determine

To calculate: The number of albums must be sold per week to break even, if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

(c)

To determine

To calculate: The number of albums must be sold per week to break even if the charges per album are decreased to $8.00 from $9.50, where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

Answer 6

Chapter 1, Problem 39RE

(a)

To determine

To calculate: The weekly cost, revenue and profit function of the music album sold on OHaganBooks.com if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

Answer 7

Chapter 1, Problem 39RE

(a)

To determine

To calculate: The weekly cost, revenue and profit function of the music album sold on OHaganBooks.com if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

Answer 8

(b)

To determine

To calculate: The number of albums must be sold per week to break even, if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

Answer 9

(b)

To determine

To calculate: The number of albums must be sold per week to break even, if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

Answer 10

(c)

To determine

To calculate: The number of albums must be sold per week to break even if the charges per album are decreased to $8.00 from $9.50, where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

Answer 11

(c)

To determine

To calculate: The number of albums must be sold per week to break even if the charges per album are decreased to $8.00 from $9.50, where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

Answer 12

Expert Solution & Answer

Answer 13

Expert Solution & Answer

Answer 14

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Answer 15

The weekly cost, revenue and profit function of the music album sold on OHaganBooks.com if the website charges $ 9.50 per album where $ 5.50 per album is the cost of composer royalties and copyright and $ 500 per week is the cost of operating and maintaining o’tunes.

Solution Summary: The author calculates the weekly cost, revenue, and profit function of the music album sold on OHaganBooks.com.

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To calculate: The weekly cost, revenue and profit function of the music album sold on OHaganBooks.com if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

To calculate: The number of albums must be sold per week to break even, if the website charges $9.50 per album where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

To calculate: The number of albums must be sold per week to break even if the charges per album are decreased to $8.00 from $9.50, where $5.50 per album is the cost of composer royalties and copyright and $500 per week is the cost of operating and maintaining o’tunes.

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Chapter 1 Solutions