Multiple Choice
(Table: Excellence Publishing) Refer to the table. Initially each editedbook sells for $50. Suppose that there is an increase in the demand foredited books, such that each edited book now sells for $70. How manypeople will the company hire per year as editing staff if the salary is$47,000 per staff member?
A) 5
B) 6
C) 7
D) 8
Correct Answer:
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A) the