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Title: Calculus mathematics for economics
Description: Notes on concave and convex functions
Description: Notes on concave and convex functions
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Concave and Convex Functions
V
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e
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e
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e
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The tangent lines of a strictly convex function are
below the graph of the function
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e
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e
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e
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The tangent lines of a strictly concave function
are above the graph of the function
Title: Calculus mathematics for economics
Description: Notes on concave and convex functions
Description: Notes on concave and convex functions