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Variables and functions assume great significance in economics curriculum. Though the concepts are crucial for students, most of them struggle to get a foothold in these tricky areas. Read on to know how achieving success in **functions homework help** is easier than before.

**What is meant by functions?**

A function describes a relation between two or more variables. It explains one variable in relation to the other. For example, a relation between A and B can be described as A= f (B). In this case, A is dependent variable as its value depends on value of B. Independent variable would be B, since it does not rely on other factors. Whenever there is a change in value of B, value of A also changes correspondingly.

**Uses of functions in economics**

As economics deals with several factors affecting production and supply of resources, functions are widely used in its studies.

**Ascertaining demand:**

Demand for a product is expressed as a function of price, while other factors are kept constant.

**Fixing production:**

Quantity of product that a firm can produce is expressed as a function of inputs in production.

**Finding cost:**

Cost of production is stated as function of fixed and variable costs.

**Different types of functions**

Knowing about the various types of functions and their uses is essential for economics students. It is an important area where students search for **functions assignment help**. Some types are given below:

**Linear function:**

These are easiest from the point of view of assignments. It is a simple equation which can be plotted as a straight line on a graph. It has one dependent and one independent variable.

**Power function:**

This is a function where variables are raised to the power of more than one. This is more mathematical and complicated. With a reliable site like myhomeworkhelp.com, **functions homework help** can be made easier.

**Quadratic function:**

This is a bifurcation in power function. In a quadratic function, one or more independent variables are raised to the power of two. When represented graphically, it may take a concave form or convex form depending on variable values.

**Cubic function:**

This is also a kind of power function, where independent variables are raised to power of three. It may have combinations of first, second and third degree variables.

**Why students need functions assignment help**

There are many reasons why students struggle with functions assignments.

- It is highly mathematical in nature.
- Graphical representations are not easy to learn.
- Lack of proper guidance leads to students losing interest in studies.

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