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Classwork Session 21

The document discusses the conditions under which a function is decreasing on an interval. It emphasizes the importance of identifying the total revenue and cost functions separately. Additionally, it notes that these functions must be expressed in terms of output levels and the number of units produced and sold.

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16 views1 page

Classwork Session 21

The document discusses the conditions under which a function is decreasing on an interval. It emphasizes the importance of identifying the total revenue and cost functions separately. Additionally, it notes that these functions must be expressed in terms of output levels and the number of units produced and sold.

Uploaded by

X
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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fl 1 indr easingon theintervalIff


f (x, £c) Whenever

C)isdecreaSihgonO n the inderval


if f ( c ) < f(x) when ever

Reaunemnts TOn yS inu the mg ginalapproach

pOLSible to identifthe
total reyenue tunction and he total
Cos function Spperately

L2 The N ehu e and_cost functions must


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optput e pd mben o t units produgd - a n d
Sold

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