The first step in attempting to find a minimum or maximum of a nonlinear function is to take the derivative of the function, set it equal to zero, and solve for x

Indicate whether the statement is true or false

TRUE

Business

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Al has opened a auto repair shop. The monthly payment on the tools he recently purchased, the rent on his business location, and his business license are all examples of what type of costs?

a. marginal b. fixed c. demand d. variable

Business

Give an example of a cultural shift that may impact the marketing of products or services

What will be an ideal response?

Business