This document is about a geology engineering course on the application of local extreme values in economy. It discusses determining maximum and minimum prices of items, how local extremes impact demand, and using local extremes to control market prices. It contains a table with facts about local extremes, ideas on how they are used, potential learning issues, and suggested actions.
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Fila Table
This document is about a geology engineering course on the application of local extreme values in economy. It discusses determining maximum and minimum prices of items, how local extremes impact demand, and using local extremes to control market prices. It contains a table with facts about local extremes, ideas on how they are used, potential learning issues, and suggested actions.
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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FACULTY OF CIVIL AND ENVIRONMENTAL ENGINEERING
FILA TABLE
APLLICATION OF LOCAL EXTREME VALUES IN ECONOMY
COURSE CODE : BFC21303
COURSE NAME : GEOLOGY ENGINEERING
STUDENT NAME : 1) MUHAMMAD ASYRAF BIN RUSLI
(DF180210)
2) MUHAMAD ARIF SYAZWAN BIN AWANG
(DF180139)
3) MOHAMMAD HAFIZ BIN MOHAMED
HANIFFA (DF180104) SECTION : 4
GROUP : 6
DUEDATE : 23 OCTOBER 2019
FILA TABLE
LOCAL EXTREME VALUES
LEARNING FACTS IDEAS ACTION ISSUES
Determining Regulating the How does local By using graph
both maximum price of items extreme values of minimum and minimum determine the and maximum price of an maximum and local values item. minimum price?
Relationship When the Do the Surf the
between the maximum maximum internet maximum price is below price effect the price and the average it number of demand will cause demand? shortage in demand.
Controlling the Ensure the How does the Refer to books
market price market price application did not raise local extreme above a certain values control level during the market crisis price