Your college newspaper, The Collegiate Times, has fixed production costs of $7000 per edition, and variable printing and

Question

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

Kunduz · Accepted Answer

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