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
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