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Find a Formula for the Slope of the Graph Of f

question 221

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Find a formula for the slope of the graph of ff at the point (x,f(x) ) ( x , f ( x ) ) .Then use it to find the slope at the given point. f(x) =1x+8,(0,18) f ( x ) = \frac { 1 } { x + 8 } , \quad \left( 0 , \frac { 1 } { 8 } \right)


Definitions:

Falling Costs

A situation where the expenses associated with producing a good or service decrease, often leading to lower prices for consumers.

Economies of Scale

The cost advantage that arises with increased output of a product, where average costs start to fall as production scales up.

Marginal Returns

denotes the additional output obtained by adding one more unit of a specific input, while keeping other inputs constant.

Diseconomies of Scale

The scenario where costs start increasing as a company or project becomes too large, leading to inefficiency.

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