Finding extreme points under constraint

## Finding extreme points under constraint with an example There are many cases, especially in functions related to the business sector, where the extreme point is at values ​​of x and y that are not within the firm’s reach, or in other words, some of the values ​​of the variables are irrelevant. ### Example 1 […]

Proving the laws of deduction

### Introduction Although we have previously argued that proving the laws of derivation is quite unnecessary for economists, we nevertheless found it appropriate to illustrate the way of mathematical thinking in the context of the laws of derivation. As an example, we will refer to the function `f(x)=x^2`. ### Calculating the slope of the function […]