Math Problem Statement

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Revenue and Cost Functions
Profit Calculation
Polynomials

Formulas

Profit function: P(x) = R(x) - C(x)
Revenue function: R(x) = 1.6x^2
Cost function: C(x) = 0.0002x^3 + 8x + 100

Theorems

Basic profit calculation

Suitable Grade Level

Grades 10-12