Hi, I need help with these 6 questions, price elasticity and profir maximization

Price Elasticity 1. Discuss what actions the company should take in setting the price of the 5tandard box plwen its price elasticity of demand. 2. Discuss what actions the company should take in setting the price of the Delure box given its price elasticity of demand. 3. Assuming the price elasticity of supply for the Standard box is inelastic, explain the key foctors that the company must consider in expandine production. Proflit Maximiration 1. Explain under what condition profit maximization would be apprepriate for the Standard bax. 2. Explain why the concepts of mascinal revenues marginalcost and ecorveniet af icale are inportant to the financial objective of mimienizing profit. 1. Assumine the company only manulactures these two product fines and they have custonsern who I purchase both peoducts from them, discuss what the everall company financial objective thould be