Chapter Eight
FUNCTIONS OF SEVERAL VARIABLES
Contents
8.1 Understanding Functions of Two Variables
Strategy to Investigate Functions of Two Variables: Vary One Variable at a Time
Concentration of a Drug in the Blood
Cobb-Douglas Production Functions
Finding Contours Algebraically
Rate of Change of Airline Revenue
Estimating Partial Derivatives from a Table
Using Partial Derivatives to Estimate Values of the Function
Estimating Partial Derivatives from Contours
Using Units to Interpret Partial Derivatives
8.4 Computing Partial Derivatives Algebraically
Second-Order Partial Derivatives
The Mixed Partial Derivatives Are Equal
8.5 Critical Points and Optimization
Finding Local Maxima/Minima Analytically
How Do We Find Critical Points?
Is a Critical Point a Local Maximum or a Local Minimum?
Graphical Approach: Maximizing Production Subject to a Budget Constraint
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