Determine Where the Graph Of $f ( x ) = \ln | x - 4 |$

question 72

Short Answer

Determine where the graph of $f ( x ) = \ln | x - 4 |$ is concave upward and where it is concave downward. Also, find all inflection points of the function.

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Definitions:

Payback

The period of time needed for an investment to generate cash flow sufficient to recover the initial expense incurred.

Simplicity

The quality of being easily understood or performed; favoring clear, uncluttered methods and procedures.

Managers

Individuals responsible for controlling or administering all or part of a company or similar organization.

Capital Budgeting Process

Involves the evaluation and selection of long-term investments that are in line with the firm's goal of shareholder wealth maximization.