Section 1.4: Mathematical modeling

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Learning Objectives
  1. Study the modeling process.
  2. Investigate market equilibrium and break-even analysis.
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Slides

Annotated slides for Section 1.4.

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Videos

Please watch the following videos with the prerecorded content for Section 1.4.

  1. The modeling process
  2. Example: market equilibrium and the law of supply and demand
  3. Example: break-even analysis

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