Question 1 A. Throughout a business conference, the keynote speaker said that profit and revenue are the same and they can be used interchangeably all the time. That did not sit well with you. You decided to write the keynote speaker an email after the conference differentiating the two (2) terms. In your email: i. define the terms profit and revenue. ii. explain how the terms are different and/or similar using basic equations. iii. clarify at what point they can be used interchangeable, if possible. B. Your college newspaper, The Collegiate Times, has fixed production costs of $7000 per edition, and variable printing and distribution costs of $40 per copy. The Collegiate Times sells for $50 per copy. Write down the associated cost, revenue, and profit functions. ii. What profit (or loss) results from the sale of 500 copies of The Collegiate Times? iii. How many copies should be sold to break even