Consider the net revenue function given by S(p, u, v) = R(p, v) – E(p, u) in our usual notation. Letting m denote the vector of imports, Select one: O a. S(.) is convex in p and Sp=m. O b. S(.) is convex in p and Sp=-m. O c. S(.) is concave in p and Sp=-m. O d. S(.) is concave in p and Sp=m.

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A: Introduction:  As per the guidelines i solves first question. For more solutions please repost the…

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A: Note: As per the guidelines only three sub-parts can be answered. Kindly, repost for other parts.