To produce this textbook, suppose the publisher spent $165,000 for typesetting and $8.50 per book for printing and binding. The total cost to produce and print n books can be written as Total cost to produce n textbooks = Fixed cost + Variable cost =
If the average cost is the total cost divided by the number of books printed, find the average cost of producing 10,000 textbooks.
A) $25
B) $23
C) $19
D) $140
E) $17
Correct Answer:
Verified
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