ln(y) - 7x ln(x) = -5
Implicit differentiation pretty much works by taking advantage of the chain rule. I mean,
the derivative of sin(x^5) is cos(x^5) * (5x^4).
The derivative of sin(x^3) = cos(x^3) * (3x^2), so by the same logic,
The derivative of sin(y) is cos(y) (dy/dx).
Got it? Every time you differentiate y, you write dy/dx.
Let's apply it to our equation.
ln(y) - 7x ln(x) = -5
So we will use the chain rule on ln(y), and the product rule on 7x ln(x). The derivative of -5 is just 0.
(1/y)(dy/dx) - 7(ln(x) + x(1/x)) = 0
Your next step is to solve for dy/dx.
Expanding it out a bit,
(1/y)(dy/dx) - 7ln(x) - 7x(1/x) = 0
(1/y)(dy/dx) - 7ln(x) - 7 = 0
Move everything without a dy/dx to the right hand side.
(1/y)(dy/dx) = 7ln(x) + 7
dy/dx = y ( 7ln(x) + 7 )