Applications of partial derivatives in economics: cost and production function

Authors

  • Norman Rafael López Sánchez Bachelor's Degree in Education Sciences with a Minor in Mathematical Physics, National Autonomous University of Nicaragua, Managua. Multidisciplinary Regional Faculty of Estelí. , Lic. En Ciencias de la Educación con Mención en Física Matemática, Universidad Nacional Autónoma de Nicaragua, Managua. Facultad Regional Multidisciplinaria de Estelí. https://orcid.org/0009-0004-5710-8159 (unauthenticated)
  • Cliffor Jerry Herrera Castrillo PhD in Applied Mathematics National Autonomous University of Nicaragua, Managua. Multidisciplinary Regional Faculty of Estelí. , Doctor en Matemática Aplicada Universidad Nacional Autónoma de Nicaragua, Managua. Facultad Regional Multidisciplinaria de Estelí. https://orcid.org/0000-0002-7663-2499 (unauthenticated)

DOI:

https://doi.org/10.5377/rtu.v13i37.18131

Keywords:

Cost function, Partial derivatives, Economics, Production and problem solving

Abstract

This research article is entitled "Applications of partial derivatives in economics: Cost and production function", which consists of a series of situations with their respective solutions applicable in the area of economics and business. The objective of this study is to have a guide of problems with their respective solutions by means of partial derivatives applied in the area of Administration and Economics. A descriptive analysis and a mixed approach with a qualitative predominance were used, providing a better acquisition of the exact sciences since relevant aspects were taken from different reliable sources of information. Through this study it was possible to obtain quality results that help to promote and increase the knowledge of both students and teachers who can access this study and this contributes to the development of meaningful learning in economic and administrative sciences, since it takes the aspects of innovation in problem solving and also allows to strengthen critical thinking.

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References

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Published

25-06-2024

Issue

Section

Social sciences, Business education and Law

How to Cite

Applications of partial derivatives in economics: cost and production function. (2024). Revista Torreón Universitario, 13(37), 161-173. https://doi.org/10.5377/rtu.v13i37.18131

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