Business Mathematics by Kashyap Trivedi, Chirag Trivedi

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13

Applications of Calculus (Application of Derivative)

LEARNING OBJECTIVES

After studying this chapter, the student will be able to understand:

INTRODUCTION

Derivatives have a wide range of applications to a very large number of disciplines such as engineering, business economics, physics, social sciences, etc. and integration has a wide range of applications to a very large number of disciplines such as business and economics, biology, geometry and probability. In this chapter we shall discuss some of these applications.

PARTIAL DERIVATIVES AND THEIR APPLICATIONS

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