Maxima and Minima of Functions of Two or More Variables
We now start to consider a problem which can become very complicated. There are complications in the theory, and complications in the practical application of the theory. Since this is intended to be a practical book, rather than a book on mathematical theory, we shall content ourselves in this chapter with stating the theoretical results, and considering their application. No attempt at all will be made to justify these results.
KeywordsSaddle Point Retail Price Demand Equation Breakfast Cereal Negative Production
Unable to display preview. Download preview PDF.