Methods of Differentiation
Differentiation in BBA mathematics involves finding the derivative of a function, which represents how the function changes with respect to its variable. Below are the key methods of differentiation:
1. Basic Differentiation Rules
- These include applying standard rules such as the constant rule, power rule, and constant multiple rule:
- Constant Rule: The derivative of a constant is zero.
- Power Rule: ( \frac{d}{dx}(x^n) = n \cdot x^{n-1} ).
- Constant Multiple Rule: ( \frac{d}{dx}(c \cdot f(x)) = c \cdot f'(x) ), where ( c ) is a constant.
2. Sum and Difference Rule
- When differentiating a function that is the sum or difference of two or more functions, differentiate each term separately.
- Formula: [ \frac{d}{dx}(f(x) \pm g(x)) = f'(x) \pm g'(x) ]
3. Product Rule
- Used when differentiating the product of two functions.
- Formula: [ \frac{d}{dx}(f(x) \cdot g(x)) = f(x) \cdot g'(x) + g(x) \cdot f'(x) ]
- This ensures that both functions are accounted for in the derivative.
4. Quotient Rule
- Applied when differentiating a quotient of two functions.
- Formula: [ \frac{d}{dx}\left(\frac{f(x)}{g(x)}\right) = \frac{g(x) \cdot f'(x) - f(x) \cdot g'(x)}{[g(x)]^2} ]
- This is useful for differentiating fractions where one function is divided by another.
5. Chain Rule
- Used for finding the derivative of a composite function (a function within another function).
- Formula: [ \frac{d}{dx}(f(g(x))) = f'(g(x)) \cdot g'(x) ]
- The chain rule is helpful for differentiating functions with nested expressions.
6. Implicit Differentiation
- When a function is not explicitly solved for one variable in terms of another (e.g., (x) and (y) are mixed), implicit differentiation is used.
- Differentiate both sides of the equation with respect to (x), applying the chain rule as needed.
- Solve for ( \frac{dy}{dx} ).
7. Logarithmic Differentiation
- This method involves taking the natural logarithm of both sides of a function before differentiating.
- Useful for differentiating functions where the variable appears as both the base and exponent (e.g., ( y = x^x )).
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Steps:
- Take the natural log of both sides: ( \ln(y) = \ln(f(x)) ).
- Differentiate both sides using the chain rule: ( \frac{1}{y} \frac{dy}{dx} = f'(x) ).
- Solve for ( \frac{dy}{dx} ).
8. Higher-Order Derivatives
- These involve differentiating a function multiple times.
- The second derivative, ( f''(x) ), represents the derivative of the first derivative and measures the rate of change of the slope.
- Higher-order derivatives can be found by repeatedly applying differentiation.
9. Differentiation of Exponential and Logarithmic Functions
- For exponential functions ( f(x) = e^x ), the derivative is ( f'(x) = e^x ).
- For logarithmic functions ( f(x) = \ln(x) ), the derivative is ( f'(x) = \frac{1}{x} ).
10. Differentiation of Trigonometric Functions
- Common derivatives for trigonometric functions include:
- ( \frac{d}{dx}(\sin(x)) = \cos(x) )
- ( \frac{d}{dx}(\cos(x)) = -\sin(x) )
- ( \frac{d}{dx}(\tan(x)) = \sec^2(x) )
These methods provide a range of techniques for solving problems related to rates of change, optimization, and other calculus-based applications in business administration.
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