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An office supply company manufactures and sells X permanent markers per year at a price of...

An office supply company manufactures and sells X permanent markers per year at a price of P €/unit. The Price/Demand equation for the markers is: ?=5−0.001?

(1- Write the Revenues function

2- What level of production and what price should the company charge for the markers to maximize revenues? The total cost of manufacturing is: ?(?)=3000+2?

3- Write the Company’s Profit function

4- What level of production and what price should the company charge for the markers to maximize profits?)

5- Draw a graph representing the above-mentioned situation. Now the Government decides to tax the Company in 1€ for each marker produced. Taking into account this additional cost

6- Write the company’s new Cost function

7- Write the company’s new Profit function

8- What level of production and what price should the company charge for the markers to maximize profits (with these new conditions)?

NEED ANSWERSS FOR 5,6,7,8

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