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(X2 + Y2 + Z2)5 = -23

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Essay

(x2 + y2 + z2)5 = -23. Calculate (x<sup>2</sup> + y<sup>2</sup> + z<sup>2</sup>)<sup>5</sup> = -23. Calculate   using implicit differentiation. using implicit differentiation.


Definitions:

Maximization of Profits

The process by which a company determines the price and output level that generates the most profit.

MP

Marginal Productivity (MP) refers to the additional output resulting from the use of one more unit of a production factor, keeping other inputs constant.

Imperfect Competition

All market structures except pure competition; includes monopoly, monopolistic competition, and oligopoly.

Elasticity of Demand

This indicates the responsiveness of the quantity demanded of a good to a change in its price; it's another way to describe how variation in price affects consumer demand.

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