1. The marginal revenue is given by m = x10 18965 + 12x3 + 2 Where x is the number of items sold. a) Find the revenue function. 2. The cost in dollars to produce all aspects of x hundred products yourself is C106) = 300 + 1501nx The cost in dollars to outsource your manufacturing and resell it at a higher price is given by (3200 = moi/5x + 1 What is the marginal cost when you have made 500 products (remember that x is in hundreds) using both these methods? 1000? 10, 000? Which one is higher, producing yourself or outsourcing? Which production method do you want to choose? 3. You will need to advertise your business. The profits from advertising are given by the function 3 764 1407!): m + W + 3000 where m is the money you spent on ads in thousands of dollars. Find how much you should spend on advertisement before the prot is maximized