Consortium for Mathematics and its Applications

Product ID: 99508
Supplementary Print
Undergraduate

An Application of Geometry to Economics: The .6 Rule for Industrial Costs (UMAP)

Author: Donald R. Sherbert


A unit that applies calculus to industrial economics. By completion of this module students will be able to examine the methods of calculus in finding max/min values in an indsutrial setting.

Table of Contents:

1. INTRODUCTION

2. THE .6 RULE

3. OPTIMAL DIMENSIONS

4. REFERENCES

5. MODEL EXAM

6. ANSWERS TO EXERCISES

7. ANSWERS TO MODEL EXAM

©1981 by COMAP, Inc.
UMAP Module
11 pages

Mathematics Topics:

  • Calculus

Application Areas:

  • Business & Economics ,
  • Engineering & Construction

Prerequisites:

Differential calculus, maxima-minima, implicit differentiation

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