Part 7 8write in your own words not copy from other sites not need handwritten An office supply company manufactures and sells X permanent markers per year at a price of P €lunit. The Price/Demand equationfor the markers is: p = 7- 0.002X1- Write the Revenues function2- What level of production and what price should the company charge for the markers to maximize revenues?The total cost of manufacturing is: C(x) = 1000 + 2x3- Write the Company's Profit function4- 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 situationNow the Government decides to tax the Company in 3€ for each marker produced. Taking into account this additional cost:6- Write the company's new Cost function7- Write the company's new Profit function8- What level of production and what price should the company charge for the markers to maximize profits (with these new conditions)?

Name: Part 7 8write in your own words not copy from other sites not need han
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Description: Part 7 8write in your own words not copy from other sites not need handwritten An office supply company manufactures and sells X permanent markers per year at a price of P €lunit. The Price/Demand equationfor the markers is: p = 7- 0.002X1- Write the

Price/Demand equation for x permanent markers is: p=7-0.002x Government Tax on 1 marker: 3 Euro.…

Math

Calculus

Now the Government decides to tax the Company in 3€ 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)?

Now the Government decides to tax the Company in 3€ 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)?

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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