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  2. For business economics
  3. Chapter 5: Optimization
  4. Optimization convex/concave functions
  5. Functions of one variable
  6. Infection point
  7. Example 1

Example 1

Consider the function $y(x)=x^3+2x$. It holds that
  1. $y'(x)=3x^2+2$;
  2. $y''(x)=6x$.
It follows that
  1. $y''(x)\leq 0$ for every $x\leq 0$;
  2. $y''(x)=0$ for $x=0$;
  3. $y''(x)\geq 0$ for every $x\geq 0$.
Conclusion: $y(x)$ is concave on the interval $(-\infty,0]$, $y(x)$ is convex op the interval $[0,\infty)$ and $x=0$ is an inflection point.
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Wiskunde Mathematics for business economics leeromgeving

 

  • Chapter 1: Functions of one variable
  • Chapter 2: Differentiation of functions of one variable
  • Chapter 3: Functions of two variables
  • Chapter 4: Differentiation of functions of two variables
  • Chapter 5: Optimization
    • Optimization functions of one variable
    • Applications 1
    • Optimization functions of two variables
    • Applications 2
    • Optimization constrained extremum problems
    • Applications 3
    • Optimization convex/concave functions
      • Functions of one variable
        • Convex and concave
        • Second-order condition
        • Infection point
          • Example 1
          • Example 2 (film)
          • Exercise 1
          • Exercise 2
        • Extrema
      • Functions of two variables
  • Chapter 6: Areas and integrals

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