![if !IE]> <![endif]>
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
Copyright ¬© 2018-2023 BrainKart.com; All Rights Reserved. Developed by Therithal info, Chennai.