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Maths - Applications of differentiation in business and economics | 11th Business Mathematics and Statistics(EMS) : Chapter 6 : Applications of Differentiation

Chapter: 11th Business Mathematics and Statistics(EMS) : Chapter 6 : Applications of Differentiation

Applications of differentiation in business and economics

In an economic situation, consider the variables are price and quantity.

Applications of differentiation in business and economics

In an economic situation, consider the variables are price and quantity. Let p be the unit price in rupees and x be the production (output / quantity) of a commodity demanded by the consumer (or) supplied by the producer.

1. Demand, supply, cost, revenue and profit functions

2. Elasticity

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11th Business Mathematics and Statistics(EMS) : Chapter 6 : Applications of Differentiation : Applications of differentiation in business and economics | Maths

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Exercise 6.1: Demand, supply, cost, revenue and profit functions, Elasticity - Problem Questions with Answer, Solution | Applications of Differentiation | Mathematics
Exercise 6.2: Problems on profit maximization and minimization of cost function - Problem Questions with Answer, Solution | Applications of Differentiation | Mathematics
Exercise 6.3: Economic Order Quantity(EOQ) - Problem Questions with Answer, Solution | Applications of Differentiation | Mathematics
Exercise 6.4: Euler’s theorem and its applications - Problem Questions with Answer, Solution | Applications of Differentiation | Mathematics
Exercise 6.5: Partial elasticity of demand - Problem Questions with Answer, Solution | Applications of Differentiation | Mathematics
Exercise 6.6: Choose the correct answer - Applications of Differentiation | Mathematics
Applications of Differentiation: Miscellaneous Problems - Problem Questions with Answer, Solution | Mathematics


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