Find the Instantaneous Rate of Change of the Function $f ( x ) = \sqrt { 3 x }$

question 48

Multiple Choice

Find the instantaneous rate of change of the function $f ( x ) = \sqrt { 3 x }$ when $x = 3$ .

• A) \(\frac { 1 } { 3 }\)
• B) 3
• C) 9
• D) \(\frac { 1 } { 2 }\)

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Definitions:

Inelastic Demand

A situation where the demand for a product does not significantly change with a change in the product's price.

Total Revenue

The gross income a corporation achieves by trading products or delivering services across a certain span of time.

Elastic Demand

A situation in which the demand for a product is sensitive to price changes, meaning a small change in price leads to a larger change in quantity demanded.

Price Elasticity

An indicator that measures the impact on the quantity of a good demanded when there is a change in its price level.