Math Problem Statement

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Cost and Revenue Functions
Quadratic Equations

Formulas

C(x) = 5000 + 3x^2 - 2x
I(x) = 100x - 0.5x^2
Equilibrium Point: Set C(x) = I(x)

Theorems

Quadratic Equation Solving

Suitable Grade Level

Grades 10-12 (High School)