A businessman buys a particular product at 10 pesos per unit and sells them at 15 pesos per unit. His fixed cost is 100 pesos. Due to stiff competition the sale of the product began to decline. The...

A businessman buys a particular product at 10 pesos per unit and sells them at 15 pesos per unit. His fixed cost is 100 pesos. Due to stiff competition the sale of the product began to decline. The selling price decreases by 5% of the units sold. The variable and fixed cost remains constant. What is the new selling price? Determine the TR, TC, and the profit function. Find the BEP quantity revenue. What would be the profit at a sale volume of 50 units?