Question
a. Fill-in-the-Blanks. The growth rate of a function f ( t )depending on time t is given by____the formula____. The growth rate of the demand
a. Fill-in-the-Blanks.
The growth rate of a functionf(t)depending on timetis given by____the formula____. The growth rate of the demand function() = 750-0.02tis ____________
or _______%.
Fill-in-the-Blanks.
b. IfC(Q)is a total cost function depending on production quantityQ, thenMC(Q)is the _______________________ cost function which can be calculated as the______________________ of the _________________________ cost function and measures the change of the ______________________ cost caused by the increase of the production ___________________ by _______________small unit.
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