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Some real Life Application of Derivatives in Economics

  • Sah S
  • Sahani S
  • Sahani K
  • et al.
Mikailalsys Journal of Advanced Engineering International (2024) 1(2) 120-131
DOI: 10.58578/mjaei.v1i2.2954
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Abstract

In this assignment, we addressed the usage of derivatives in several areas of economics, such as demand elasticity, cost minimization, and profit maximization. In addition, derivatives are used to calculate marginal revenue, marginal cost, and marginal product. This work is motivated by the work of [1-24].

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APA

Sah, S. K., Sahani, S. K., Sahani, K., & Sharma, D. K. (2024). Some real Life Application of Derivatives in Economics. Mikailalsys Journal of Advanced Engineering International, 1(2), 120–131. https://doi.org/10.58578/mjaei.v1i2.2954

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