APPLICATIONS OF INTEGRATION TO BUSINESS AND ECONOMICS
Akhmedov Sherdor Bokhodirovich , University of economics and pedagogyAbstract
Just like the process of differentiation is a useful tool in many business and economics applications such as problems related to elasticity of demand and optimization, so is the process of antidifferentiation or integration. In this section, we revisit two important business and economic models, namely concerning law of supply and demand in a free-market environment and continuous money flow, and introduce integration as a method for solving problems of this nature.
Keywords
Integration, Interactive Demonstration, Surplus, equilibrium, Cobb-Duglas theorem,
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