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The fixed cost of a new product is ₹ 200 and the variable cost per unit is ₹ . If the demand…
The fixed cost of a new product is ₹ 200 and the variable cost per unit is ₹ $x$. If the demand function $p(x) = 30$, then what are the value(s) of $x$ that result in a loss given that $x$ units of the product are sold?
- (a)$10 < x < 20$
- (b)$x > 20$
- (c)$x < 10$
- (d)$x < 10\text{ or } x > 20$
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From ISC 2025 Practice Mathematics, question 20.