Question

What does it mean if derivatives of parameter with respect to cost is zero

Answer 1

Answer:

Hence, if the derivatives of parameter with respect to cost is zero it means that the parameter is constant irrespective of what cost is.

Step-by-step explanation:

Let C represents the cost,

Then the derivative of some parameter 'Z' with respect to cost is denoted by:

$\dfrac{dZ}{dC}$ i.e. cost is a independent variable and the parameter depends upon the cost.

If the derivative of parameter with respect to cost is zero:

this means that:

$\dfrac{dZ}{dC}=0$

Now on integrating both side with respect to C we get,

$Z(C)=a$

it means that the cost of the parameter is constant.

Hence, if derivatives of parameter with respect to cost is zero than the parameter is constant and does not depend upon the cost.