Help Videos for MATH 1325 – Calculus for Business & Social Sciences

Lesson 8 Videos: Business Applications
Cost, Revenue, & Profit Functions; Break-Even Analysis; Market Equilibrium

MATH 1325 was formerly named MATH 1314.

Overview: Cost, revenue, and profit functions

Example 1: Writing cost, revenue, and profit functions

Example 2: Finding the demand function

Overview: Break-even analysis

Example 3: Finding the break-even point

Example 4: Writing the revenue function, and an application of the break-even point.

Example 5: Writing cost and demand functions when given raw data (using regression equations), and an application of the break-even point

Overview: Market equilibrium

Example 6: Finding equilibrium quantity and price

Example 7: Finding the supply equation, demand equation, and the equilibrium quantity and price