Math Problem Statement

Solution

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Math Problem Analysis

Mathematical Concepts

Cost functions
Marginal cost
Derivatives
Quadratic functions

Formulas

C(x) = 2000 + 2x - 0.0001x^2
Marginal Cost: C'(x) = 2 - 0.0002x

Theorems

Basic differentiation rules
Application of marginal cost

Suitable Grade Level

College/University - Economics or Calculus