Some real Life Application of Derivatives in Economics
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Page Numbers:
120-131
Digital Object Identifier:
10.58578/mjaei.v1i2.2954
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Authors:
Sarswati Kumari Sah1, Suresh Kumar Sahani2*, Kameshwar Sahani3, Dhiraj Kumar Sharma4 
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Main Article Content
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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