Provide an Appropriate Response $f ( x ) = \frac { c } { 1 + a e ^ { - b x } } , \text { where } b < 0 \text {. }$

question 115

Short Answer

Provide an appropriate response.
-Consider the logistic function $f ( x ) = \frac { c } { 1 + a e ^ { - b x } } , \text { where } b < 0 \text {. }$ 0. Is this function increasing or decreasing?

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Definitions:

Absorption Costing Format

An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

Gross Margin

Gross margin is a company's net sales revenue minus its cost of goods sold, representing the efficiency of a company in managing its direct costs.

Absorption Costing

An accounting method that includes all direct and indirect manufacturing costs in the cost of a product.

Variable Costing

A costing method that includes only variable production costs in the cost of goods sold and uses fixed manufacturing overhead as a period cost.