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30 April, 05:42

Anna is considering writing and publishing her own book. She estimates her revenue equation as R=6.37x, and her cost equation as C=10,071+1.08x, where x is the number of books she sells. Find the minimum number of books she must sell to make a profit.

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  1. 30 April, 06:18
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    The minimum number of books she must sell to make a profit is 1904.

    Step-by-step explanation:

    Anna is considering writing and publishing her own book. She estimates her revenue equation as R = 6.37x, and her cost equation as C = 10,071 + 1.08x, where x is the number of books she sells.

    So, the condition for no loss-no gain is, C = R

    ⇒ 10071 + 1.08x = 6.37x

    ⇒ 5.29x = 10071

    ⇒ x = 1903.78

    Therefore, the minimum number of books she must sell to make a profit is 1904. (Answer)
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