Reference: Ref 17-3 (Table: Excellence Publishing) Refer to the table. Initially each edited book sells for $50. Suppose that there is an increase in the demand for edited books, such that each edited book now sells for $70. How many people will the company hire per year as editing staff if the salary is $47,000 per staff member?

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The Answer of  Reference: Ref 17-3 (Table: Excellence Publishing) Refer to the table. Initially each edited book sells for $50. Suppose that there is an increase in the demand for edited books, such that each edited book now sells for $70. How many people will the company hire per year as editing staff if the salary is $47,000 per staff member?

Reference: Ref 17-3 (Table: Excellence Publishing) Refer to the Table