Math Problem Statement

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Revenue Functions
Cost Functions
Profit Functions

Formulas

Revenue function: R(x) = p(x) * x
Cost function: C(x) = 4000 + 500x
Profit function: P(x) = R(x) - C(x)
Break-even points: P(x) = 0

Theorems

Quadratic Formula
Derivative (to find maximum profit)

Suitable Grade Level

Grades 9-12