Abstract:
The article emphasizes the importance of mathematical analysis in enhancing economic decision-making and operational efficiency by identifying local extrema (maximum and minimum points) in cost and profit functions can help businesses optimize production and profitability. Using calculus, particularly differentiation, firms can determine the production levels that minimize costs and maximize profit. CZU: 005.52:658.155; JEL: C61, D24, L11
Description:
GHERB, Valeria. The Application of Local Extrema in the Analysis of Marginal Costs and Profit = Aplicarea extremelor locale în analiza costurilor marginale și a profitului. Online. Coord. șt.: Mariana TACU. In: Simpozionul Ştiinţific cu participare internaţională al Tinerilor Cercetători. Ediţia a 23-a. Lucrări ştiinţifice, 11-12 aprilie 2025. Chişinău: SEP ASEM, 2025, vol. 2, pp. 216-219. ISBN 978-9975-168-37-3 (PDF). Disponibil: https://doi.org/10.53486/sstc2025.v2.50