economic application of derivatives

Differential calculus can be considered as mathematics of motion, growth and change where there is a motion, growth, change. Whenever there is variable forces producing acceleration, differential calculus is the right mathematics to apply. Application of derivatives are us..

A travelling sales man can find the shortest routes to save time / fuel cost. The most economic and efficient manner of locating manufacturing plants and distribution centres may be used. Linear programming may be used for effective and efficient production management and manpower manage..

Application of Derivatives Animation..

Introduction - Let us began this chapter with the following statement: Often a physician may want to test how small changes in dosage can affect the body's response to a particular drug. An economist may want to study how investment changes with variation in interest rates. How the velocity of a he..

Production of aromatic hydrocarbons (arenes) like benzene, toluene and xylenes. Earlier the bulk of arenes were obtained from coal tar, but now they are derived from petroleum by the process of reforming. Increasing the octane number of straight-run gasoline by increasing the proport..

Synthetic auxins have been misused by people. Large scale application of defoliants used in Vietnam to expose the forests, exterminated the wild relatives of economically useful plants such as Citr..

Introduction - The derivative, measures the rate at which the dependent variable changes with respect to the independent variable. It is one of the most important ideas in Calculus. The differentiation of functions are widely used in science, economics, medicine and computer sci..

After having studied functions, limits and continuity in the previous chapter, we shall further divide the class of continuous functions into two sub classes, derivable and non-derivable.After having studied functions, limits and continuity in the previous chapter, we shall furt..

The derivative, measures the rate at which the dependent variable changes with respect to the independent variable. It is one of the most important ideas in Calculus. The differentiation of functions are widely used in science , economics, medicine and computer science...

In this chapter we have learnt the application of derivatives to rate measure, also we have used the geometrical measurement of dy/dx to find the equations of the tangent and normal to a curve at any point on the curve, angle of intersection of the curves...