Problema Solution
A magazine publisher has an up front cost of $1000 to produce an issue plus an additional $1.50 per magazine printed. If they need the average cost per issue to be less than $2.75, what amount of issues should they print in a single run?
Answer provided by our tutors
let 'x' represent the number of magazine issues
the cost equation would be an inequality:
1000 + 1.5x < 2.75x
...solving for 'x':
x > 800
so more than 800 issues must be printed in a single run