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It costs a publishing company $0. 55 to print one copy of a certain novel. This company paid $725,000 for the rights to the novel. If they can sell a copy of the novel for $6. 75, how many copies of the novel must they sell to break even, to the nearest hundred?.

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PNaik

116,900 copies of the novel must they sell to break even, to the nearest hundred.

What is cost?

In manufacturing, research, retail, and accounting, an expense is the value of money that was used  to produce a product or provide a service and  is therefore no longer available. In business, the cost may be the purchase price, in which case the cost is the amount of money used for the purchase.

The two main types of costs in businesses are

  • fixed cost
  • variable cost

Fixed costs do not change depending on output, while variable costs. Fixed costs are sometimes called overheads.

To learn more about cost, refer;

https://brainly.com/question/15135554

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