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Relative Rate of Change
For a positive quantity $$y=f(x)$$:
$$\frac{1}{y}\frac{dy}{dx}=\frac{d}{dx}\ln y$$
Usage
- Used when the fractional rate of change is more convenient than the absolute rate of change.
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Relative Rate of Change
For a positive quantity $$y=f(x)$$:
$$\frac{1}{y}\frac{dy}{dx}=\frac{d}{dx}\ln y$$
Usage
- Used when the fractional rate of change is more convenient than the absolute rate of change.
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