A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). There are two production methods it could use. With one method, the one-time fixed costs will total $66,755, and the variable costs will be $12.50 per book. With the other method, the one-time fixed costs will total $23,159, and the variable costs will be $23 per book. For how many books produced will the costs from the two methods be the same?

Question

01-10-2021
Mathematics

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A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). There are two production methods it could use. With one method, the one-time fixed costs will total $66,755, and the variable costs will be $12.50 per book. With the other method, the one-time fixed costs will total $23,159, and the variable costs will be $23 per book. For how many books produced will the costs from the two methods be the same?

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