Download PDFOpen PDF in browser

Optimization of economic functions with two variables

EasyChair Preprint 1678

10 pagesDate: October 16, 2019

Abstract

In addition to the mathematical notions for assigning stationary points with the help of the first partial derivatives of the two-variable function, we will classify these stationary points with the help of the second partial derivatives of the two-variable function, when the function f (x , y) reaches the maximum and when it reaches the minimum. The above notions will be applied to the profit optimisation of any enterprise that produces two goods. We will also optimise an enterprise that sells some kind of product in different markets with price discrimination.

Keyphrases: Optimisation, derivative, function, product, profit

BibTeX entry
BibTeX does not have the right entry for preprints. This is a hack for producing the correct reference:
@booklet{EasyChair:1678,
  author    = {Azir Jusufi and Bukurie Imeri-Jusufi and Flamure Sadiki and Faton Kabashi},
  title     = {Optimization of economic functions with two variables},
  howpublished = {EasyChair Preprint 1678},
  year      = {EasyChair, 2019}}
Download PDFOpen PDF in browser