A product may be made using Machine or Machine 11. The manufacturer estimates that the mothyfed cons of using Machinere $20,000, whereas the money and costs of using Machine 11 are $16,000. The variable costs of manufacturing unit of the product using Machine 1 and Machinettare $12 and 119. respectively. The products for each (a) Find the cost functions C) stociated with using each mache were is the number of units produced in the machine Machine! GW) - Machine It) () Sketch the graphs of the cost functions of part and the revenue function on the same set of aes (Use lines) Graph Layer Mer you want to the you Oh Low . Web Origo (c) Which machine should management choose to maximize their profit the projected sales are 500 units) Machine Machine 11 Fill 20000 No Solution 100 200 300 400 1000 600 700 800 500 000 Holp WebAssign, Graphing Tool (c) Which machine should management choose to maximize their profit if the projected sales are 500 units? Machine 1 Machine II Which machine should management choose to maximize their profit if the projected sales are 600 units? Machine 1 Machine 11 Which machine should management choose to maximize their profit if the projected sales are 700 units? Machine 1 Machine II (d) What is the profit for each case in part (c)? 500 units $ 600 units $ 700 units $