Math Problem Statement

Given revenue and cost the functions R(x)=-4x^2+31x C(x)=11x+29
determine the value of x that maximizes profit

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Quadratic Functions
Profit Maximization

Formulas

Profit function: P(x) = R(x) - C(x)
Vertex formula: x = -b / (2a)

Theorems

Vertex theorem for quadratics

Suitable Grade Level

Grades 10-12