Given the selling price of a commodity fixed at Rs. 60 and its cost function c(x)=35x+250 (where x is the quantity), which of the following statements are true? i) The profit function is p(x)=25x−250 ii) The break-even points are 4 and 10 units
a) i) True, ii) True
b) i) True, ii) False
c) i) False, ii) True
d) i) False, ii) False