Step 1: Understanding the Concept:
This problem is a direct application of Cauchy's Mean Value Theorem (also known as the Extended Mean Value Theorem). This theorem relates the ratio of the derivatives of two functions at a point \(c\) to the ratio of the change in the functions over an interval \([a, b]\).
Step 2: Key Formula or Approach:
Cauchy's Mean Value Theorem states that if \(f(x)\) and \(g(x)\) are continuous on \([a, b]\) and differentiable on \((a, b)\), then there exists some \(c \in (a, b)\) such that:
\[ \frac{f'(c)}{g'(c)} = \frac{f(b) - f(a)}{g(b) - g(a)} \]
(assuming \(g'(c) \neq 0\) and \(g(b) \neq g(a)\)).
Step 3: Detailed Explanation:
The problem provides that \(f(x)\) and \(g(x)\) are differentiable on \([0, 1]\). This implies they are also continuous on \([0, 1]\). We can apply Cauchy's Mean Value Theorem with \(a=0\) and \(b=1\).
According to the theorem, there exists a \(c \in (0, 1)\) such that:
\[ \frac{f'(c)}{g'(c)} = \frac{f(1) - f(0)}{g(1) - g(0)} \]
We are given the condition:
\[ f(1) - f(0) = k(g(1) - g(0)) \]
Since \(k \neq 0\), it implies \(f(1) - f(0) \neq 0\). Also, for the expression to be meaningful, we must have \(g(1) - g(0) \neq 0\). We can rearrange the given condition as:
\[ \frac{f(1) - f(0)}{g(1) - g(0)} = k \]
By substituting this result into the formula from Cauchy's Mean Value Theorem, we get:
\[ \frac{f'(c)}{g'(c)} = k \]
Step 4: Final Answer:
The value of \(\frac{f'(c)}{g'(c)}\) is equal to \(k\).