application of the derivative 2 math 201 103 re calculus i business and economics page 1 of 15 business functions in business the following functions are important revenue function price ...
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...Application of the derivative math re calculus i business and economics page functions in following are important revenue function price per unit quantity units symbols r p x cost average c prot rc sometimes a problem some these given note do not confuse is also called demand marginal with notation dr dx dc dp example dollar nd at interpret result interpretation if production increases from to decreases by dollars b xx maximumminimum problems optimization optimize means maximize minimize procedure dene variable build equation based on information find that get critical number test n using rst or second d answer any question manufacturer sells week reduced one more will be sold selling let reduction maximum once found use then questions relative rectangular tennis court square meters fenced types materials theshorter sides made fence material costing meter other dimensions shorter side y total area replace minimum should...