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Chap 6 M4B

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10 views41 pages

Chap 6 M4B

Uploaded by

vohaonhyn
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Math for Business 2023-2024

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Chapter 6 : Integration
• Practical Issues ( Questions)
• Theory and Formula
• Examples
• Application

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6.1 : Indefinite Integration
Review chapter 5: How to differentiate the function : F(x) = x3

Now , you are required to find a function, F(x), which differentiates to

Because

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6.1 : Indefinite Integration
The inverse of differentiation is called integration

For example :

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6.1 : Indefinite Integration

You probably write :

So how about ?

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6.1 : Indefinite Integration

Hence, accurately , you should write

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6.1 : Indefinite Integration

Find :

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6.1 : Indefinite Integration

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6.1 : Indefinite Integration
a)

b)

c)

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6.1 : Indefinite Integration
d)

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6.1 : Indefinite Integration
The integral of the sum (or difference) of two functions is obtained by
integrating the functions separately and adding (or subtracting).

The Rule :

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6.1 : Indefinite Integration

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6.1 : Indefinite Integration

(a)

(b)

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6.1 : Indefinite Integration

(c)

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6.1 : Applications

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6.1 : Applications

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6.1 : Applications

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6.1 : Applications

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6.1 : Applications

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6.1 : Applications

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6.1 : Applications

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6.1 : Applications

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6.2 :Definite Integration
Remember how to find the
areas.

With

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6.2 :Definite Integration

The numbers a and b are called the limits of integration, and it


is assumed throughout this section that a < b and that f (x) ≥
0

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6.2 :Definite Integration

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6.2 :Definite Integration

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6.2 :Definite Integration

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6.2: Applications

At P0 , you can buy Q0  you have to


pay amount of money : Q0 P0

Now, the price P increases very higher .


But you still want to buy Q0 at P0 .

If you can buy at a fixed price of P0  you


have more benefits , which is called
consumer’s surplus

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6.2: Applications

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6.2: Applications

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6.2: Applications

At P0 , you can sell Q0  your revenue: Q0


P0

Now, the price P decrease. But you still


sell at P0 .

If you can sell at a fixed price of P0  you


have more benefits , which is called
producer’s surplus

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6.2: Applications

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6.2: Applications

Step 1: We need to calculate the market equilibrium

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6.2: Applications

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6.2: Applications

nguyenhoangphu.info 35
6.2: Applications

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6.2: Applications

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6.2: Applications

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6.2: Applications

The formula to calculate the present value, P, when a single future value, S, is
discounted at r% interest continuously for t years.

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6.2: Applications

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6.2: Applications

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