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Discuss a real-world application of the use of derivatives

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Reference no: EM132080276

"Derivatives in Calculus"

Can anyone help me in providing/discuss a real-world application of the use of derivatives for maximizing profits. My task is to have an equation or function, well-defined variables, an explanation as to why the function should be maximized or minimized, the derivative, and the values that maximize the function.

Reference no: EM132080276

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