$$\text { Find the value of } ( f \circ g ) ^ { \prime } \text { at the given value of } x \text {. }$$

question 113

Multiple Choice

$$\text { Find the value of } ( f \circ g ) ^ { \prime } \text { at the given value of } x \text {. }$$
- $$f ( u ) = \frac { u } { u ^ { 2 } - 1 } , u = g ( x ) = 6 x ^ { 2 } + x + 4 , x = 0$$

• A) \(\frac { 17 } { 225 }\)
• B) \(\frac { 1 } { 15 }\)
• C) \(\frac { 47 } { 225 }\)
• D) \(- \frac { 17 } { 225 }\)

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Definitions:

Willingness to Pay

The maximum amount an individual is prepared to spend to purchase a good or service or to avoid something undesirable.

Elastic

Describes a situation where the quantity demanded or supplied responds significantly to changes in price.

Perfectly Price Discriminate

A pricing strategy where a seller charges the maximum amount each consumer is willing to pay, thus capturing the entire consumer surplus.

Economic Welfare Loss

A decrease in social welfare, usually due to inefficiency in the allocation of resources or market failure.