NEKG33 Mathematical methods for economists

Chapter 19 : Day 19: Inflections points

By Lund University

The function y = x^3 has a kind of funky behaviour at the origin - thats's because it is an infection point.

Inflection points

Inflection points are points on a graph where the function switches from convex to concave or vice versa.

Inflection points

Single variable optimization: Problems

Exercises on single variable optimization

Problem: Find stationary points and classify them

Problem: Find inflection point

Problem: Find inflection points

Problem: Find local extreme points and inflection points

Problem: Maximize profit