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Calculate the Derivative of the Function f(x)=8x;f(1)f ( x ) = \frac { 8 } { x } ; f ^ { \prime } ( - 1 )

question 171

Multiple Choice

Calculate the derivative of the function. Then find the value of the derivative as specified.
- f(x) =8x;f(1) f ( x ) = \frac { 8 } { x } ; f ^ { \prime } ( - 1 )


Definitions:

Paasche Price Index

The Paasche Price Index measures the change in the price level of a basket of goods and services between two periods, using the quantities of the current period.

Strong Axiom

A principle or rule with robust implications or requirements, though more context is needed for a specific field application.

Revealed Preference

An economic concept referring to the idea that consumers' choices, reflected in their purchasing decisions, reveal their preferences for certain goods or services over others.

Weak Axiom

In economic theory, a principle stating that if a consumer prefers bundle A to bundle B, then they will not prefer B to A when prices change, keeping income constant.

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