Math Problem Statement
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Solution
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Math Problem Analysis
Mathematical Concepts
Revenue Maximization
Quadratic Functions
Differentiation
Formulas
Revenue function: R(x) = p(x) * x
p(x) = 150 - x/4
R'(x) = 0 for maximum revenue
Theorems
Derivative for finding critical points
Second derivative test for maxima and minima
Suitable Grade Level
Grades 10-12
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