Above is the question read that paragraph and if able too. Please solve the questions below. Help#Normalс4CalibrirModule 1, Solving Equations AssignmentMany companies make products to sell, either to other businesses or directly to consumers. Theamount of money that a company collects from sales of its products is called its revenue. Whena business produces a product, there are costs associated with production. For example, if acola company is producing a diet cola, they incur costs from purchasing ingredients, aluminumto make cans, cardboard to make boxes, as well as the cost of paying their employees, andmore. The profit that a company earns is the difference between the amount earned and theamount spent. Consider the lip color product from each of the two competing high-endcosmetic companies described below.The Alcone CompanyThis company makes a popular shade of lipcolor that retails for $45 per tube. The lipcolor costs The Alcone Company $36 pertube to make and the monthly costsassociated with manufacturing just this colorare $1,500.12 BIU A A%5Use the information given to explore some of the mathematical concepts you have practiced sofar by answering the questions below.t1. Develop a single formula you can use to find the profit earned by both The Alcone Companyand Besame Beauty for their lip color. Explain why your formula will work for both companies.A6Besame BeautyA popular shade of lip color from thiscompany costs the consumer $55 per tube.The process to make the lip color costsBesame Beauty $44 per tube and themonthly costs associated with this are$2,200.y&7O13:*800Oi€ (-00,00)9✓OO 2Help#eNormal54Calibri12 ▾BIUA AEtube to make and the montniy costsBesame Beauty $44 per tube and theassociated with manufacturing just this color monthly costs associated with this areare $1,500.$2,200.LUse the information given to explore some of the mathematical concepts you have practiced sofar by answering the questions below.1. Develop a single formula you can use to find the profit earned by both The Alcone Companyand Besame Beauty for their lip color. Explain why your formula will work for both companies.2. Write an expression that each company can use to describe the amount of money they willearn from selling their lip colors. Let x represent the number of tubes of lip color each companysells.3. Write an expression that each company can use to describe the amount of money it coststhem to manufacture the lip color each month. Let x represent the number of tubes of lip coloreach company sells.14. Use your responses to questions 1, 2, and 3 to write fully simplified expressions each business%5tA6y&0*008iO

Question

Accepted Answer

Both company sell their product, it cost them to produce it and they sell it for different prices.