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[Copy]Copied!
You are the author of what promises to be a successful novel. You have the option to either
publish the novel yourself. Or through a publisher. The publisher is offering you, $20 000
for signing the contract. If the novel is successful it will,, Sell, 200 000 copies. If it isn ', T
it will sell, only 10 000 copies.The publisher pays a $1 royalty per copy. A market survey
.By the publisher indicates that there is a 70% chance that the novel will be successful. If
you publish the, novel yourself. You will incur an initial cost of $90 000 for, printing and
marketing but each, copy sold will net you $2.
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