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Business Mathematics and Basic Statistics · Ch 10 — Limits and Derivatives

Differentiation of Standard Functions

7

Differentiation of Standard Functions

The following standard differentiation formulae are used directly, as given rules, throughout this chapter:

Note

The Standard Formulae

Function yyDerivative dydx\dfrac{dy}{dx}
cc (a constant)00
xnx^{n}n x n−1n\,x^{\,n-1}
exe^{x}exe^{x}
ln⁡x\ln x1x\dfrac{1}{x}
axa^{x} (a>0a>0)axln⁡aa^{x}\ln a

A constant function never changes, so its rate of change is 00. The power rule (xn→nxn−1x^n \to n x^{n-1}) is the direct differentiation counterpart of §4's standard algebraic limit formula. The results for exe^x and ln⁡x\ln x trace directly back to §5's exponential and logarithmic standard limits — in particular, exe^x is the unique function that is its own derivative, which is exactly why it is central to continuous-growth business models (continuous compounding, continuous depreciation). The general exponential rule ax→axln⁡aa^x \to a^x \ln a reduces to the exe^x case when a=ea=e (since ln⁡e=1\ln e = 1). …

Definition 9Power rule

ddx(xn)=nxn−1\dfrac{d}{dx}(x^n) = n x^{n-1}, for any real expo …

Definition 10Term-by-term differentiation

ddx[k1f(x)±k2g(x)]=k1f′(x)±k2g′(x)\dfrac{d}{dx}\big[k_1 f(x) \pm k_2 g(x)\big] = k_1 f'(x) \pm k_2 g'(x) — a sum/difference of scaled functions is differentia …