What is the role of convexity in profit maximization and reactions to price changes?

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Posted by:
Waled Shehata Al Qtawy
24-June-2014

Economics

Question ajoutée par bridget nwosu , contract staff , diamond bank
Date de publication: 2015/08/22

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par RAMESH SURULIMUTHU , General Manager HR , Finolex PLasson Industries Pvt Ltd

Our forefathers were better then us in purchasing product and services and paying for economical value adder only. As of today we are paying to Non value adder to much of capital.

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What is the role of convexity in profit maximization and reactions to price changes?

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