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  • Mathematics-I: Exponential and Logarithmic Functions in Economics

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    Rafee Hossain
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    Exponential and logarithmic functions are used in economics to model growth and decay. These functions allow economists to analyze compound interest, population growth, inflation and other concepts involving constant relative changes over time. Exponential functions model growth, while logarithmic functions model its inverse relationship as decay.

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    chapter 8

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    Exponential and logarithmic functions are used in economics to model growth and decay. These functions allow economists to analyze compound interest, population growth, inflation and other concepts involving constant relative changes over time. Exponential functions model growth, while logarithmic functions model its inverse relationship as decay.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views21 pages

    Mathematics-I: Exponential and Logarithmic Functions in Economics

    Uploaded by

    Rafee Hossain
    Exponential and logarithmic functions are used in economics to model growth and decay. These functions allow economists to analyze compound interest, population growth, inflation and other concepts involving constant relative changes over time. Exponential functions model growth, while logarithmic functions model its inverse relationship as decay.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 21

    Mathematics-I

    CHAPTER 8
    EXPONENTIAL AND LOGARITHMIC FUNCTIONS IN
    ECONOMICS

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