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Understanding Concave and Convex Functions

YouTubeEZ Economics

Understanding Concave and Convex Functions

In this video I break down the formal definition of a concave function and attempt to explain all aspects and variables used in the definition. Being that a convex function is just the opposite in terms of its definition, once one of them is well understood the other is also understood. If anyone has any questions or is still unsure on any ...

101.2K viewsOct 18, 2020

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The Ultimate Convex Beginner Tutorial - Part 3 - Scale

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