1.6 – Differentiation Techniques The Product and Quotient Rules.

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Presentation transcript:

1.6 – Differentiation Techniques The Product and Quotient Rules

1.6 – Differentiation Techniques The Product and Quotient Rules

1.6 – Differentiation Techniques The Product and Quotient Rules

1.6 – Differentiation Techniques The Product and Quotient Rules

1.6 – Differentiation Techniques The Product and Quotient Rules

1.6 – Differentiation Techniques The Product and Quotient Rules

Economics Marginal cost of production: the rate of change of costs with respect to the level of production. Cost of production: a function of the units produced (x) that generates the cost of producing those units. Average cost of production: the cost of production function divided by the number of units produced at that cost. Marginal cost is an approximation of the cost to produce one more unit after producing x units 1.6 – Differentiation Techniques The Product and Quotient Rules

Economics Cost of production: Find the average cost in producing 50 units. Find the marginal cost to produce the 51 st unit. Find the actual cost to produce the 51 st unit. 1.6 – Differentiation Techniques The Product and Quotient Rules

Economics Cost of production: Find the rate of change of the average cost. 1.6 – Differentiation Techniques The Product and Quotient Rules

1.6 – Differentiation Techniques The Product and Quotient Rules Find the derivative.

1.6 – Differentiation Techniques The Product and Quotient Rules Find the derivative.

1.6 – Differentiation Techniques The Product and Quotient Rules

1.6 – Differentiation Techniques The Product and Quotient Rules

1.6 – Differentiation Techniques The Product and Quotient Rules

1.5 – Differentiation Techniques The Power and Sum-Difference Rules

1.5 – Differentiation Techniques The Power and Sum-Difference Rules

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