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Appendix

Important proofs and derivations

Product Rule

log a x y = log a x + log a y

Proof:

Let m = log a x and n = log a y .

Write in exponent form.

x = a m and y = a n .

Multiply.

x y = a m a n = a m + n

a m + n = x y log a ( x y ) = m + n = log a x + log b y

Change of Base Rule

log a b = log c b log c a log a b = 1 log b a

where x and y are positive, and a > 0 , a 1.

Proof:

Let x = log a b .

Write in exponent form.

a x = b

Take the log c of both sides.

log c a x = log c b x log c a = log c b x = log c b log c a log a b = log c b log a b

When c = b ,

log a b = log b b log b a = 1 log b a

Heron’s Formula

A = s ( s a ) ( s b ) ( s c )

where s = a + b + c 2

Proof:

Let a , b , and c be the sides of a triangle, and h be the height.

A triangle with sides labeled: a, b and c.  A line runs through the center of the triangle, bisecting the top angle; this line is labeled: h.

So s = a + b + c 2 .

We can further name the parts of the base in each triangle established by the height such that p + q = c .

A triangle with sides labeled: a, b, and c.  A line runs through the center of the triangle bisecting the angle at the top; this line is labeled: h. The two new line segments on the base of the triangle are labeled: p and q.

Using the Pythagorean Theorem, h 2 + p 2 = a 2 and h 2 + q 2 = b 2 .

Since q = c p , then q 2 = ( c p ) 2 . Expanding, we find that q 2 = c 2 2 c p + p 2 .

We can then add h 2 to each side of the equation to get h 2 + q 2 = h 2 + c 2 2 c p + p 2 .

Substitute this result into the equation h 2 + q 2 = b 2 yields b 2 = h 2 + c 2 2 c p + p 2 .

Then replacing h 2 + p 2 with a 2 gives b 2 = a 2 2 c p + c 2 .

Solve for p to get

p = a 2 + b 2 c 2 2 c

Since h 2 = a 2 p 2 , we get an expression in terms of a , b , and c .

h 2 = a 2 p 2 = ( a + p ) ( a p ) = [ a + ( a 2 + c 2 b 2 ) 2 c ] [ a ( a 2 + c 2 b 2 ) 2 c ] = ( 2 a c + a 2 + c 2 b 2 ) ( 2 a c a 2 c 2 + b 2 ) 4 c 2 = ( ( a + c ) 2 b 2 ) ( b 2 ( a c ) 2 ) 4 c 2 = ( a + b + c ) ( a + c b ) ( b + a c ) ( b a + c ) 4 c 2 = ( a + b + c ) ( a + b + c ) ( a b + c ) ( a + b c ) 4 c 2 = 2 s ( 2 s a ) ( 2 s b ) ( 2 s c ) 4 c 2

Therefore,

h 2 = 4 s ( s a ) ( s b ) ( s c ) c 2 h = 2 s ( s a ) ( s b ) ( s c ) c

And since A = 1 2 c h , then

A = 1 2 c 2 s ( s a ) ( s b ) ( s c ) c = s ( s a ) ( s b ) ( s c )

Properties of the Dot Product

u · v = v · u

Proof:

u · v = u 1 , u 2 , ... u n · v 1 , v 2 , ... v n = u 1 v 1 + u 2 v 2 + ... + u n v n = v 1 u 1 + v 2 u 2 + ... + v n v n = v 1 , v 2 , ... v n · u 1 , u 2 , ... u n = v · u

u · ( v + w ) = u · v + u · w

Proof:

u · ( v + w ) = u 1 , u 2 , ... u n · ( v 1 , v 2 , ... v n + w 1 , w 2 , ... w n ) = u 1 , u 2 , ... u n · v 1 + w 1 , v 2 + w 2 , ... v n + w n = u 1 ( v 1 + w 1 ) , u 2 ( v 2 + w 2 ) , ... u n ( v n + w n ) = u 1 v 1 + u 1 w 1 , u 2 v 2 + u 2 w 2 , ... u n v n + u n w n = u 1 v 1 , u 2 v 2 , ... , u n v n + u 1 w 1 , u 2 w 2 , ... , u n w n = u 1 , u 2 , ... u n · v 1 , v 2 , ... v n + u 1 , u 2 , ... u n · w 1 , w 2 , ... w n = u · v + u · w

u · u = | u | 2

Proof:

u · u = u 1 , u 2 , ... u n · u 1 , u 2 , ... u n = u 1 u 1 + u 2 u 2 + ... + u n u n = u 1 2 + u 2 2 + ... + u n 2 = | u 1 , u 2 , ... u n | 2 = v · u

Standard Form of the Ellipse centered at the Origin

1 = x 2 a 2 + y 2 b 2

Derivation

An ellipse consists of all the points for which the sum of distances from two foci is constant:

( x ( c ) ) 2 + ( y 0 ) 2 + ( x c ) 2 + ( y 0 ) 2 = constant

An ellipse centered at the origin on an x, y-coordinate plane.  Points C1 and C2 are plotted at the points (0, b) and (0, -b) respectively; these points appear on the ellipse.  Points V1 and V2 are plotted at the points (-a, 0) and (a, 0) respectively; these points appear on the ellipse.  Points F1 and F2 are plotted at the points (-c, 0) and (c, 0) respectively; these points appear on the x-axis, but not the ellipse. The point (x, y) appears on the ellipse in the first quadrant.  Dotted lines extend from F1 and F2 to the point (x, y).

Consider a vertex.

An ellipse centered at the origin.  The points C1 and C2 are plotted at the points (0, b) and (0, -b) respectively; these points are on the ellipse.  The points V1 and V2 are plotted at the points (-a, 0) and (a, 0) respectively; these points are on the ellipse.  The points F1 and F2 are plotted at the points (-c, 0) and (c, 0) respectively; these points are on the x-axis and not on the ellipse.  A line extends from the point F1 to a point (x, y) which is at the point (a, 0).  A line extends from the point F2 to the point (x, y) as well.

Then, ( x ( c ) ) 2 + ( y 0 ) 2 + ( x c ) 2 + ( y 0 ) 2 = 2 a

Consider a covertex.

An ellipse centered at the origin.  The points C1 and C2 are plotted at the points (0, b) and (0, -b) respectively; these points are on the ellipse.  The points V1 and V2 are plotted at the points (-a, 0) and (a, 0) respectively; these points are on the ellipse.  The points F1 and F2 are plotted at the points (-c, 0) and (c, 0) respectively; these points are on the x-axis and not on the ellipse.  There is a point (x, y) which is plotted at (0, b). A line extends from the origin to the point (c, 0), this line is labeled: c.  A line extends from the origin to the point (x, y), this line is labeled: b.  A line extends from the point (c, 0) to the point (x, y); this line is labeled: (1/2)(2a)=a.  A dotted line extends from the point (-c, 0) to the point (x, y); this line is labeled: (1/2)(2a)=a.

Then b 2 + c 2 = a 2 .

( x ( c ) ) 2 + ( y 0 ) 2 + ( x c ) 2 + ( y 0 ) 2 = 2 a ( x + c ) 2 + y 2 = 2 a ( x c ) 2 + y 2 ( x + c ) 2 + y 2 = ( 2 a ( x c ) 2 + y 2 ) 2 x 2 + 2 c x + c 2 + y 2 = 4 a 2 4 a ( x c ) 2 + y 2 + ( x c ) 2 + y 2 x 2 + 2 c x + c 2 + y 2 = 4 a 2 4 a ( x c ) 2 + y 2 + x 2 2 c x + y 2 2 c x = 4 a 2 4 a ( x c ) 2 + y 2 2 c x 4 c x 4 a 2 = 4 a ( x c ) 2 + y 2 1 4 a ( 4 c x 4 a 2 ) = ( x c ) 2 + y 2 a c a x = ( x c ) 2 + y 2 a 2 2 x c + c 2 a 2 x 2 = ( x c ) 2 + y 2 a 2 2 x c + c 2 a 2 x 2 = x 2 2 x c + c 2 + y 2 a 2 + c 2 a 2 x 2 = x 2 + c 2 + y 2 a 2 + c 2 a 2 x 2 = x 2 + c 2 + y 2 a 2 c 2 = x 2 c 2 a 2 x 2 + y 2 a 2 c 2 = x 2 ( 1 c 2 a 2 ) + y 2

Let 1 = a 2 a 2 .

a 2 c 2 = x 2 ( a 2 c 2 a 2 ) + y 2 1 = x 2 a 2 + y 2 a 2 c 2

Because b 2 + c 2 = a 2 , then b 2 = a 2 c 2 .

1 = x 2 a 2 + y 2 a 2 c 2 1 = x 2 a 2 + y 2 b 2

Standard Form of the Hyperbola

1 = x 2 a 2 y 2 b 2

Derivation

A hyperbola is the set of all points in a plane such that the absolute value of the difference of the distances between two fixed points is constant.

Side-by-side graphs of hyperbole.  In Diagram 1: The foci F’ and F are labeled and can be found a little in front of the opening of the hyperbola.  A point P at (x,y) on the right curve is labeled.  A line extends from the F’ focus to the point P labeled: D1.  A line extends from the F focus to the point P labeled: D2.  In Diagram 2:  The foci F’ and F are labeled and can be found a little in front of the opening of the hyperbola.  A point V is labeled at the vertex of the right hyperbola.  A line extends from the F’ focus to the point V labeled: D1.  A line extends from the F focus to the point V labeled: D2.

Diagram 1: The difference of the distances from Point P to the foci is constant:

( x ( c ) ) 2 + ( y 0 ) 2 ( x c ) 2 + ( y 0 ) 2 = constant

Diagram 2: When the point is a vertex, the difference is 2 a .

( x ( c ) ) 2 + ( y 0 ) 2 ( x c ) 2 + ( y 0 ) 2 = 2 a

( x ( c ) ) 2 + ( y 0 ) 2 ( x c ) 2 + ( y 0 ) 2 = 2 a ( x + c ) 2 + y 2 ( x c ) 2 + y 2 = 2 a ( x + c ) 2 + y 2 = 2 a + ( x c ) 2 + y 2 ( x + c ) 2 + y 2 = ( 2 a + ( x c ) 2 + y 2 ) x 2 + 2 c x + c 2 + y 2 = 4 a 2 + 4 a ( x c ) 2 + y 2 x 2 + 2 c x + c 2 + y 2 = 4 a 2 + 4 a ( x c ) 2 + y 2 + x 2 2 c x + y 2 2 c x = 4 a 2 + 4 a ( x c ) 2 + y 2 2 c x 4 c x 4 a 2 = 4 a ( x c ) 2 + y 2 c x a 2 = a ( x c ) 2 + y 2 ( c x a 2 ) 2 = a 2 ( ( x c ) 2 + y 2 ) c 2 x 2 2 a 2 c 2 x 2 + a 4 = a 2 x 2 2 a 2 c 2 x 2 + a 2 c 2 + a 2 y 2 c 2 x 2 + a 4 = a 2 x 2 + a 2 c 2 + a 2 y 2 a 4 a 2 c 2 = a 2 x 2 c 2 x 2 + a 2 y 2 a 2 ( a 2 c 2 ) = ( a 2 c 2 ) x 2 + a 2 y 2 a 2 ( a 2 c 2 ) = ( c 2 a 2 ) x 2 a 2 y 2

Define b as a positive number such that b 2 = c 2 a 2 .

a 2 b 2 = b 2 x 2 a 2 y 2 a 2 b 2 a 2 b 2 = b 2 x 2 a 2 b 2 a 2 y 2 a 2 b 2 1 = x 2 a 2 y 2 b 2

Trigonometric identities

Pythagorean Identity cos 2 t + sin 2 t = 1 1 + tan 2 t = sec 2 t 1 + cot 2 t = csc 2 t
Even-Odd Identities cos ( t ) = c o s t sec ( t ) = sec t sin ( t ) = sin t tan ( t ) = tan t csc ( t ) = csc t cot ( t ) = cot t
Cofunction Identities cos t = sin ( π 2 t ) sin t = cos ( π 2 t ) tan t = cot ( π 2 t ) cot t = tan ( π 2 t ) sec t = csc ( π 2 t ) csc t = sec ( π 2 t )
Fundamental Identities tan t = sin t cos t sec t = 1 cos t csc t = 1 sin t c o t t = 1 tan t = cos t sin t
Sum and Difference Identities cos ( α + β ) = cos α cos β sin α sin β cos ( α β ) = cos α cos β + sin α sin β sin ( α + β ) = sin α cos β + cos α sin β sin ( α β ) = sin α cos β cos α sin β tan ( α + β ) = tan α + tan β 1 tan α tan β tan ( α β ) = tan α tan β 1 + tan α tan β
Double-Angle Formulas sin ( 2 θ ) = 2 sin θ cos θ cos ( 2 θ ) = cos 2 θ sin 2 θ cos ( 2 θ ) = 1 2 sin 2 θ cos ( 2 θ ) = 2 cos 2 θ 1 tan ( 2 θ ) = 2 tan θ 1 tan 2 θ
Half-Angle Formulas sin α 2 = ± 1 cos α 2 cos α 2 = ± 1 + cos α 2 tan α 2 = ± 1 cos α 1 + cos α tan α 2 = sin α 1 + cos α tan α 2 = 1 cos α sin α
Reduction Formulas sin 2 θ = 1 cos ( 2 θ ) 2 cos 2 θ = 1 + cos ( 2 θ ) 2 tan 2 θ = 1 cos ( 2 θ ) 1 + cos ( 2 θ )
Product-to-Sum Formulas cos α cos β = 1 2 [ cos ( α β ) + cos ( α + β ) ] sin α cos β = 1 2 [ sin ( α + β ) + sin ( α β ) ] sin α sin β = 1 2 [ cos ( α β ) cos ( α + β ) ] cos α sin β = 1 2 [ sin ( α + β ) sin ( α β ) ]
Sum-to-Product Formulas sin α + sin β = 2 sin ( α + β 2 ) cos ( α β 2 ) sin α sin β = 2 sin ( α β 2 ) cos ( α + β 2 ) cos α cos β = 2 sin ( α + β 2 ) sin ( α β 2 ) cos α + cos β = 2 cos ( α + β 2 ) cos ( α β 2 )
Law of Sines sin α a = sin β b = sin γ c a sin α = b sin β = c sin γ
Law of Cosines a 2 = b 2 + c 2 2 b c cos α b 2 = a 2 + c 2 2 a c cos β c 2 = a 2 + b 2 2 a b cos γ

Toolkit functions

Three graphs side-by-side. From left to right, graph of the identify function, square function, and square root function. All three graphs extend from -4 to 4 on each axis.
Three graphs side-by-side. From left to right, graph of the cubic function, cube root function, and reciprocal function. All three graphs extend from -4 to 4 on each axis.
Three graphs side-by-side. From left to right, graph of the absolute value function, exponential function, and natural logarithm function. All three graphs extend from -4 to 4 on each axis.

Trigonometric functions

Unit Circle

Graph of unit circle with angles in degrees, angles in radians, and points along the circle inscribed.
Angle 0 π 6 , or 30 ° π 4 , or 45 ° π 3 , or 60 ° π 2 , or 90 °
Cosine 1 3 2 2 2 1 2 0
Sine 0 1 2 2 2 3 2 1
Tangent 0 3 3 1 3 Undefined
Secant 1 2 3 3 2 2 Undefined
Cosecant Undefined 2 2 2 3 3 1
Cotangent Undefined 3 1 3 3 0

Questions & Answers

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
Widad Reply
can you send the book attached ?
Ariel
?
Ariel
What is economics
Widad Reply
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn Reply
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn
what is ecnomics
Jan Reply
this is the study of how the society manages it's scarce resources
Belonwu
what is macroeconomic
John Reply
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
etc
husaini
difference between firm and industry
husaini Reply
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from Qd  120 3P to Qd  90  3P and the supply function has shifted from QS  20  2P to QS 10  2P . a) Find the effect of this change on price and quantity. b) Which of the changes in demand and supply is higher?
Toofiq Reply
explain standard reason why economic is a science
innocent Reply
factors influencing supply
Petrus Reply
what is economic.
Milan Reply
scares means__________________ends resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Zarshad Reply
Why qualify 28 supplies
Milan
what are explicit costs
Nomsa Reply
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
David Reply
economic overview notes
Amahle Reply
identify a demand and a supply curve
Salome Reply
i don't know
Parul
there's a difference
Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
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Source:  OpenStax, Algebra and trigonometry. OpenStax CNX. Nov 14, 2016 Download for free at https://legacy.cnx.org/content/col11758/1.6
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