Mathematics For Business

Chapter 4: Differentiation

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 The Derivative of a Function Review of Straight Lines

The Slope of a Straight Line: Review

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 The Derivative of a Function Review of Straight Lines

The Slope of a Straight Line

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 The Derivative of a Function Review of Straight Lines

The Tangent Line

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 The Derivative of a Function Review of Straight Lines

The Gradient of the Tangent Line

Unlike the slope of the straight line, the slope of the tangent line of a
nonlinear function varies according to the moves of the curve.

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 The Derivative of a Function Definition of Derivative

What is Differentiation?

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 The Derivative of a Function Definition of Derivative

Example

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 The Derivative of a Function Definition of Derivative

Example

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 Rules of Differentiation

Rules of Differentiation

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 Rules of Differentiation

Examples

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 Rules of Differentiation

Second-order Derivative

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 Rules of Differentiation

Second-order Derivative

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 Rules of Differentiation

Exercises

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 Rules of Differentiation

Exercises

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 Marginal Functions Revenue and cost

Total Revenue

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 Marginal Functions Revenue and cost

Marginal Revenue

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 Marginal Functions Revenue and cost

Total and Marginal Revenue

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 Marginal Functions Revenue and cost

Exercises

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 Marginal Functions Revenue and cost

Marginal Cost

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 Marginal Functions Revenue and cost

Example

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 Marginal Functions Revenue and cost

Example

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 Marginal Functions Revenue and cost

Exercises

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 Marginal Functions Production

Production

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 Marginal Functions Production

Example

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 Marginal Functions Production

Exercise

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 Elasticity

Elasticity

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 Elasticity

Elasticity of Demand

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 Elasticity

Elasticity of Demand

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 Elasticity

Elasticity Demand Interpretation

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 Elasticity

Example

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 Elasticity

Elasticity of Demand

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 Elasticity

Example 1

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 Elasticity

Example 2

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 Elasticity

Example 2

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 Elasticity

Elasticity of Supply

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 Elasticity

Exercises

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 Elasticity

Exercises

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 Optimization of Economic Functions Optimization and Stationary Points

Optimization and Stationary Points

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 Optimization of Economic Functions Optimization and Stationary Points

Stationary Points

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 Optimization of Economic Functions Optimization and Stationary Points

Finding and Classifying Stationary Points

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 Optimization of Economic Functions Optimization and Stationary Points

Example 1

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 Optimization of Economic Functions Optimization and Stationary Points

Example 1

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 Optimization of Economic Functions Optimization and Stationary Points

Example 2

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 Optimization of Economic Functions Optimization and Stationary Points

Example 2

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 Optimization of Economic Functions Optimization and Stationary Points

Example 2

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 Optimization of Economic Functions Optimization and Stationary Points

Example 3

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 Optimization of Economic Functions Optimization and Stationary Points

Example 3

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 Optimization of Economic Functions Optimization and Stationary Points

Exercises:

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 Optimization of Economic Functions Optimizing Economic Functions

Maximizing Profit

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 Optimization of Economic Functions Optimizing Economic Functions

Maximizing Profit

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 Optimization of Economic Functions Optimizing Economic Functions

Example

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 Optimization of Economic Functions Optimizing Economic Functions

Exercises

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 Optimization of Economic Functions Optimizing Economic Functions

Exercises

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