Calculus homework help

BCO 116 ELEMENTARY CALCULUS Task brief & rubrics
Second Assesment
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: � = 10 − 0.001�
1- Write the Revenues function (10%)
2- What level of production and what price should the company charge for the markers to maximize revenues? (10%)
The total cost of manufacturing is: �(�) = 5000 + 2�
3- Write the Company’s Profit function (10%)
4- What level of production and what price should the company charge for the markers to maximize profits? (10%)
5- Draw a graph representing the above-mentioned situation (30%)
Now the Government decides to tax the Company in 2€ for each marker produced. Taking into account this additional cost:
6- Write the company’s new Cost function (10%)
7- Write the company’s new Profit function (10%)
8- What level of production and what price should the company charge for the markers to maximize profits (with these new conditions)?
(10%)
The task is individual
The deliverable has to be a report showing the formulas and the steps you are following
The weight is equivalent to 1/3rd of the whole course
The report has to be delivered in Turnitin before 22th November 2020 at 23h 59

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