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Find f '(x) if f(x) = cos x tan x.
Budget Line
A graphical depiction of all possible combinations of two goods that can be purchased with a given budget and prices.
Price Ratio
The ratio of the prices of two goods or services, often used in the context of trade or barter.
Elasticity of Demand
A measure of how responsive the quantity demanded is to a change in price, indicating how a product's demand will fluctuate with pricing changes.
Marginal Rate
Often refers to the incremental increase in cost or benefit associated with a one-unit change in an economic activity.
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