Question: . Is the cost function increasing or decreasing? Give reasons to your answer. b . What is the meaning of f ' ( x )
Is the cost function increasing or decreasing? Give reasons to your answer.
b What is the meaning of f x in this case? What are its units?
c What does the statement f mean?
d Do you think f x will increase or decrease in the short term after the new mine is built? Give reasons to your answer.
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