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Economies of scale are essentially the cost advantages that a firm can gain by expanding its output. Economies of scale reduce the long run average cost per unit when output expands. It is important to note ...

The differential of tan(x) is sec 2 (x), however knowing how dy/dx tan(x)=sec 2 (x) is very useful in differentiating other trigonometric functions. So, if we first employ the rule that tan(x)=sin(x)/cos(x),...

Depreciation is a periodic year end accounting adjustment (not an actual cash change), which represents the physical wearing out of Non-Current Assets ( NCAs) such as vehicles and buildings. If firms did not...

Rearrange the first equation to get y on its own: y=-(1+4x) Substitute into the second equation: (1+4x)(1+4x)+5x^2+2x=0 21x^2+10x+1=0 Substite into the quadratic formula to solve (-b+/-(b^2-4ac)^0.5)/2a

a) To answer this question, one must be familiar with laws of logs, more sprecifically the rules when applied to the natural log of x, and exponentials (e). 2ln(2x+1) - 10 = 0 Step 1) 2ln(2x+1) = 10 Step 2) ...