Math Problem Statement

Solution

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Math Problem Analysis

Mathematical Concepts

Calculus
Cost Function
Marginal Cost

Formulas

Cost function: C(x) = 1900 + 60x - 0.4x^2
Exact cost: C(31) - C(30)
Marginal cost: C'(x) = 60 - 0.8x

Theorems

Derivative to find marginal cost

Suitable Grade Level

Grades 11-12, College Level