A company has a total budget of $700,000 and spends this budget onraw materials and personnel. The company uses m units of raWmaterials, at a cost of $8 per unit, and hires r employees, at a costof $20,000 each.NOTE: Enter the exact answers.(a) What is the equation of the company's budget constraint?= 700,000(b) Solve for m as a function of r.m =(c) Solve for r as a function of m.r = (b) Which of the following could be graphs of the function? Choose all that apply.O populationyears20 40 60 80 100 120since 1900O populationI yearssince 190020 40 60 80 100 120O populationi years20 40 60 80 100 120since 1900O populationyears20 40 60 80 100 120 since 1900

Since you have posted multiple questions i can do first question ( with all subparts)as per our…

A company has a total budget of $700,000 and spends this budget on raw materials and personnel. The company uses m units of raw materials, at a cost of $8 per unit, and hires r employees, at a cost of $20,000 each. NOTE: Enter the exact answers. (a) What is the equation of the company's budget constraint? 700,000 (b) Solve for m as a function of r. (c) Solve forr as a function of m. r =