Simple Diffrentiations and its Economic Applications
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The concept of a derivative is extensively used in economics and managerial decision making, especially in solving the problems of optimisation such as those of profit maximisation, cost minimisation, output and revenue maximisation.
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The concept of a derivative is extensively used in economics and managerial decision making, especially in solving the problems of optimisation such as those of profit maximisation, cost minimisation, output and revenue maximisation.
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