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Derivative and nature of function

We shall learn subsequently that first derivative of a function is defined in terms of ratio of the differences between two successive values of function and that of independent variable, however small is the difference in independent variable. It is easy to visualize, then, that if we know the nature of derivative in a given interval, then we can determine monotonic behavior of the function as well.

f x = L i m h 0 f x + h f x h

Depending on the monotonic nature of function, the relative values of f(h) and f(x+h) are different and so the sign of first derivative.

Strictly increasing function

The successive value of function increases as the value of the independent variable increases. In other words, the preceding values are less than successive values that follow. Mathematically,

If x 1 < x 2, then f x 1 < f x 2

Increasing function

The successive function value is greater than previous value.

Problem : Determine monotonic nature of the function in the interval [0,∞).

y = x 2

Solution : Let x 1 and x 2 belong to the interval [0,∞) such that x 1 < x 2 . Multiplying inequality with x 1 (a positive number) does not change the nature of inequality :

x 1 2 < x 1 x 2

Multiplying inequality with x 2 (a positive number) does not change the nature of inequality :

x 1 x 2 < x 2 2

Combining two inequalities,

x 1 2 < x 2 2 f x 1 < f x 2

Thus, given function is strictly decreasing in [0,∞).

As f( x 1 )<f( x 2 ) for all x 1 , x 2 ∈X, the difference “f(x+h) – f(x)” is positive for “h”, however small. This implies that the first derivative of function is positive. If we think of possibility, then we can realize that tangent to the function curve can be parallel to x-axis for couple of x values, while curve is continuously increasing in the interval. It means that first derivative can be equal to zero for few points in the interval in which it is strictly increasing. This is clear from the figure given here,

Strictly increasing function

The first derivative can be zero at certain point(s) - but not in continuous interval.

Thus, for strictly increasing function,

f x 0 ; Equality sign holds for points only - not on a continuous section in X

For strictly increasing function, if x 1 < x 2 , then f( x 1 )<f( x 2 ), for all x 1 , x 2 ∈X. It means that all distinct x values correspond to distinct y values and vice-versa. Therefore, strictly increasing function is one-one function i.e. a bijection and hence “invertible”. In other words, if a function has strict increasing order, then it is invertible. Mathematically, we say that if f’(x) ≥0; (equality holding for points only), x∈X, then function is invertible in X. For example, consider sine function,

f x = sin x f x = cos x

We know that cosx is positive in the interval [-π/2,π/2]. Hence sine function is a strictly increasing function in [-π/2,π/2]and is invertible. Recall that inverse sine function is defined in this interval.

The order of a function provides an easy technique to determine range of a continuous function, corresponding to a given domain interval. For example, if domain of a continuously increasing function, f(x), is [ x 1 , x 2 ], then the least value of the function is f( x 1 ) and greatest value of the function is f( x 2 ). Hence, range of the function is :

Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
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Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
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is gdp a reliable measurement of wealth
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introduction to econometrics
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Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
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Yoal
Economic growth Stable prices and low unemployment
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increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
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Beshir
Criteria for determining money supply
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Aggregate demand
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C=k100 +9y and i=k50.calculate the equilibrium level of output
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I want to know how can we define macroeconomics in one line
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it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
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hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, Functions. OpenStax CNX. Sep 23, 2008 Download for free at http://cnx.org/content/col10464/1.64
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