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Rates of Change and the Derivative

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Principles of Mathematical Economics

Part of the book series: Mathematics Textbooks for Science and Engineering ((MTSE,volume 3))

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Abstract

A function of the form is called a linear function because the graph of the function is a straight line.

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Notes

  1. 1.

    More about limit in Sect. 5.2.1 below.

  2. 2.

    The curve shown in Fig. 5.7c is technically not a function since there are multiple \(y\)-values for a given \(x\)-value.

  3. 3.

    Global minimum or maximum can occur at endpoints of a domain, where \(f'(x)\) does not necessarily equal zero.

  4. 4.

    Adopted from P.D.Taylor, Calculus: The Analysis of Functions, Wall & Emerson, Toronto, 1992.

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Correspondence to Shapoor Vali .

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Vali, S. (2014). Rates of Change and the Derivative. In: Principles of Mathematical Economics. Mathematics Textbooks for Science and Engineering, vol 3. Atlantis Press, Paris. https://doi.org/10.2991/978-94-6239-036-2_5

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