Problema Solution
The cost of printing a math workbook is a setup cost plus a cost for each book printed. If 1000 books printed cost $14 300, and 5000 books printed cost $64 300, what is the setup cost for printing the math workbooks?
Answer provided by our tutors
Let 'x' the setup cost for printing the math workbooks and 'y' the cost per book printed
1000 books printed cost $14 300:
x + 1000y = 14300
5000 books printed cost $64 300:
x + 5000y = 64300
By solving the system of equations:
x + 1000y = 14300
x + 5000y = 64300
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x = $1,800
y = $2.5
The setup cost for printing the math workbooks is $1,800.