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October 16th, 2012, 12:15 AM  #1 
Senior Member Joined: Sep 2012 Posts: 112 Thanks: 0  application of differentiation in economics
How to solve this problem? If x be the labour, y be its charges and then how much charge will there be when we increase the labour by a small amount? Is the answer like this: dy= 10x3dx ? 
October 16th, 2012, 12:29 AM  #2 
Senior Member Joined: Jul 2010 From: St. Augustine, FL., U.S.A.'s oldest city Posts: 12,211 Thanks: 520 Math Focus: Calculus/ODEs  Re: application of differentiation in economics
If we use the differential as a linear approximate, we may write hence: 

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