To Produce This Textbook, Suppose the Publisher Spent $125,000 for Typesetting

Short Answer

To produce this textbook, suppose the publisher spent $125,000 for typesetting and $3.50 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 = Suppose the number of books printed in the first printing is 10,000.What is the total 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. $__________ Find the cost to produce one more textbook when you have already produced 10,000 textbooks. $__________