Answer: The change in revenue for the sale of 1 more doghouse $ 66.67 dollars
Explanation: Differential is a function that can be used to approximate function value with a great degree of accuracy. This is done by the following.
Mathematical definition of derivative: f'(x) = lim f(x+Δx) - f(x)/Δx.
If Δx is very small:
f'(x) . Δx ≅ f(x+Δx) - f(x)
Knowing that Δy ≅ f(x+Δx) - f(x) and the diferential of variable x can be written by dx as the variable y can be dy:
dy = f'(x) dx
which means that the differential dy is approximately equal to the change Δy, if Δx is very small.
For the question, R(x) = y(x) = 14,000ln(0.01x+1)
f'(x) = ![\frac{d[14,000.ln(0.01x+1)]}{dx}](https://tex.z-dn.net/?f=%5Cfrac%7Bd%5B14%2C000.ln%280.01x%2B1%29%5D%7D%7Bdx%7D)
Using the chain rule, the derivative will be:
f'(x) = 14,000.
dy = 14,000.
.dx
dx is the change in x. For the question, the change is 1 (1 more doghouse) and x is 110:
dy = 14,000
dy = 
dy = 66.67
The change in revenue is $66.67 dollars.
Answer:
Therefore option A is correct.
All firms selling corn must have the same MC regardless of each firms cost structure
Explanation:
In the perfectly competitive market, for profit maximization we set P = MC
In the perfectly competitive market, firms are price taker so demand curve is same for every firm and price is same too, so MC must be same for every firm
Therefore option A is correct ie. all firms selling corn must have the same MC regardless of each firms cost structure.
After a masters degree an individual can earn a doctorates degree
Answer:
D) By creating a new ad group for the sale.
A) By setting campaign start/end dates.
Explanation:
Swee Yin must first create a new ad group in order for their campaign and products to show up on search results whenever google user search any related item or topic. Since this campaign only last a limited time, Swee Yin must set when the campaign starts and when it should end. They could post there campaign ads in both google search network and google display.