Multiple Choice
Author A accepts a $5,000 advance from a publisher and a 10% royalty after 5,000 books are sold. Author B foregoes the publisher's advance and negotiates for a 15% royalty on all books sold. Author C decides to self publish his book and keep 100% of all sales revenue. Which of these authors expects to sell the fewest books?
A) Author A
B) Author C
C) Author B
D) They are all equally likely.
Correct Answer:
Verified
Correct Answer:
Verified
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