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Write a Chain Rule Formula for the Following Derivative wx\frac { \partial w } { \partial x }

question 189

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Write a chain rule formula for the following derivative.
- wx\frac { \partial w } { \partial x } for w=f(p,q) ;p=g(x,y) ,q=h(x,y) w = f ( p , q ) ; p = g ( x , y ) , q = h ( x , y )


Definitions:

AVC Curve

The average variable cost curve, which shows how the unit variable cost of production changes with the level of output.

Profit-Maximizing

The process or strategy of adjusting production and pricing to achieve the highest possible profit margins for a business or firm.

Firm

A business organization that sells goods or services in order to make a profit.

Marginal Revenue

Extra earnings received from disposing of an additional unit of a good or service.

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