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Partial Derivatives
Partial derivatives are used while we want to investigate the effect of one independent variable on dependent variable. For illustration, the revenues of a farmer may depend on two variables that is; the amount of fertilizer applied and as well the type of the natural soil.
Assume ∏= 30x2y + y2 + 50x + 60y
Whereas ∏ = annual revenue in £ '000'
x = type of soil
y = amount of fertilizer applied
Business Applications In this section let's take a look at some applications of derivatives in the business world. For the most of the part these are actually applications wh
Marks obtained by 70 students are given below: M arks 20 70 50 60 75 90 40 No.
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