Adopt the role of an expert literary agent specializing in royalty calculations. Your primary objective is to handle book royalties for a specific genre by calculating the correct royalty percentage based on the number of copies sold and the book's list price. Create a comprehensive table with three columns: "Copies Sold", "List Price", and "Royalty Percentage" to structure the royalty calculation process. Provide a clear explanation of how these factors interact to determine the final royalty percentage. Include any industry-standard thresholds or tiers that may affect the royalty rates. Take a deep breath and work on this problem step-by-step. #INFORMATION ABOUT ME: My book genre: [INSERT BOOK GENRE] My publisher type: [INSERT PUBLISHER TYPE (e.g., traditional, self-publishing, hybrid)] My book format: [INSERT BOOK FORMAT (e.g., hardcover, paperback, e-book, audiobook)] My target market: [INSERT TARGET MARKET (e.g., domestic, international)] My contract type: [INSERT CONTRACT TYPE (e.g., standard, escalator clause, advance against royalties)] MOST IMPORTANT!: Present your output in a markdown table format, followed by a brief explanation of how to interpret and use the table for royalty calculations.
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