Implicit relation, is the derivative defined? Intuition help

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I'm slightly confused by something, I imagine I'm thinking about it the wrong way so any help would be appreciated.

I'm faced with the equation $xy+ln ( \frac {x}{y})=2$

And am asked if the derivative $\frac{dx}{dy}$ exists at $(x,y)=(1,1)$

I've used the implicit differention formula $\frac {dx}{dy} =- \frac{\partial F}{\partial y}/\frac{\partial F}{\partial x}$ and have found it is defined and equal to $0$.

The bit which I'm confused about is, that if I plug (1,1) into the equation it is not satisfied, i.e $(1)(1) + ln (\frac{1}{1}) ≠2 $ and therefore on my graph, no line passes through that point, so how can the derivative be define at that point?

I'd be grateful for any guidance on this.

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Nice work checking that the point actually lies on the curve defined by the equation!

To be honest, I expect that the person posing the problem did not check, but maybe I'm being unfair. Perhaps your answer is exactly what s/he was looking for. Anyhow, I guess my own general answer might be something like this:

For the family of curves defined by $$ xy+ln ( \frac {x}{y})=k, $$ $k \in \mathbb R$, there is a curve (namely the one for $k = 1$) that contains the point $(1, 1)$, and the derivative $dx/dy$ at that point on that curve, is $0$. But since the point $(1,1)$ does not lie on the $k = 2$ curve, the function implicitly defined by the $k = 2$ curve does not have a derivative at the point $(1,1)$.