The first derivative measures the rate of change or ____ of a function:

Related MCQs

• When we optimise a function, with the first order derivative equal to ___ and the second order derivative ___ the function is at a relative minimum.
• In optimisation, with the first order derivative equal to ___ and the second order derivative ___ the function is at a maximum.
• Mathematically ____ is the first derivative of the consumption function.
• _____ measures the change in TP due to a one unit change in the quantity of labour used:
• The value of Lagrange multiplier λ gives the approximate change in the objective function caused by a small change in the:
• ____ functions are a special class of homogeneous function in which the marginal rate of Technicalsubstitution is constant along the function.
• The given function f (x) = ax + b, is an example of ____ function:
• The given function f (x) = ax2 + bx + c , is an example of ____ function:
• Demand function for a commodity is D = 44 – 7P and supply function S = 2P –10, then the equilibrium price is:
• The slope coefficient ,β2, of ............ model measures elasticity of Y with respect to X.