Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

A linear demand curve is a line representing the relationship between the demand for a product or service and its price. Everyone knows that sales are proportional to price: The more you charge for an ...

Economists often use demand curves to illustrate the fluid paradigm of consumer demand in a particular market. Small-business owners also can use demand curves to understand consumer behavior. For ...

Using high school algebra and geometry, and knowing just one rational point on a circle or elliptic curve, we can locate infinitely many others. You’re sitting at the end of a long conference table, ...