The Chain Rule of Differentiation Is:
A) Y = U(W(X)) $\rarr$

question 15

Multiple Choice

The chain rule of differentiation is:

• A) Y = U(W(X)) \(\rarr\)dY/dX = dY/dX dW/dX.
• B) Y = U(W(X))\(\rarr\) dY/dX = dU/dW dW/dX.
• C) Y = U(W(X))\(\rarr\) dY/dX = dU/dX dW/dX.
• D) Y = U(W(X)) \(\rarr\) dY/dX = dW/dU dU/dX.
• E) Y = U(W(X)) \(\rarr\) dY/dX = dU/dU dU/dX.

---

Definitions:

Balance Sheet

A financial statement that presents a company's financial position at a specific point in time, showcasing assets, liabilities, and shareholders' equity.

Accrued Salaries

Salaries that have been incurred but not yet paid, recognized as a liability on the balance sheet until paid to employees.

Liabilities

Financial obligations or debts owed by a company to external parties or creditors that must be settled over time through the transfer of economic benefits.

Stockholders' Equity

The ownership interest of stockholders in the assets of a corporation, calculated as total assets minus total liabilities.