will give thumbs up, help please

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. (2 marks) ii. explain how the terms are different and/or similar using basic equations. (4 marks) iii. clarify at what point they can be used interchangeable, if possible. (2 marks) 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. i. Write down the associated cost, revenue, and profit functions.(6 marks). ii. What profit (or loss) results from the sale of 500 copies of The Collegiate Times?(3 marks) iii. How many copies should be sold to break even? (3 marks) (Total 20 marks) QUESTION 2 A company has fixed costs of $300,000 and produces one product with a selling price of $72.00 and a variable cost of $42.00 per unit. The maximum factory capacity is 20,000 units and it anticipates selling 15,000 units. a) Write down the associated cost, revenue, and profit functions b) Determine the break- even point of operation c) How much profit will they make: i. at the present level of operation? ii. if sales increase to the maximum that the factory can supply? (Total 20 marks) Grace Kennedy Limited produces 5000 tin mackerel per week. Based on the company's production costs throughout the years, they figure that it will cost them $45.00 to produce a tin mackerel. There will also be a cost for running the equipment for a week that Grace figures to be $5500 for the entire week, regardless of how many tin mackerel Grace produces