Question: 1 c. The demand function of a consumer good is X =(25 - 2p) , where x is the number of units and p is

1 c. The demand function of a consumer good is X =(25 - 2p) , where x is the number of units and p is the price. The average cost per unit is Tk. 40. Find the followings: (i) the revenue function R in terms of price p (ii) The cost function C (iii) The profit function P (iv) The price per unit that maximizes the profit function (v) The minimumprofit

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