This presentation discusses applications of derivatives including: extreme values of functions, the mean value theorem, monotonic functions, and concavity. It defines maximum and minimum values and explains how the mean value theorem states that between two points a and b on a continuous function, there exists a point c where the slope of the tangent line is equal to the slope of the secant line between a and b. Monotonic functions are defined as increasing or decreasing functions based on the mean value theorem. Concavity is defined based on whether the derivative of a function is increasing or decreasing, which determines if the graph is concave up or down.