No. This is true for any curved line, not just in economics.
The slope of a curved line at a point is the slope of the tangent to the curve at that point. If you know the equation of the curve and the curve is well behaved, you can find the derivative of the equation of the curve. The value of the derivative, at the point in question, is the slope of the curved line at that point.
The slope changes as the value of x changes. For any point x, the slope is -8x.
Its steepness is the absolute value of its slope.
No, slope and initial value are not the same. The slope refers to the steepness or incline of a line on a graph, whereas the initial value represents the y-coordinate of the point where the line intersects the y-axis.
Without an equation, you know nothing about the slope of a line just because x equals 0. Slope is the change in y value divided by the change in x value over a segment of a line. When you only have a single x value, there is no change so the slope is undefined. Or if you are stating the value of x is 0 for all values of y, then the slope is infinite.
The slope of a curved line at a point is the slope of the tangent to the curve at that point. If you know the equation of the curve and the curve is well behaved, you can find the derivative of the equation of the curve. The value of the derivative, at the point in question, is the slope of the curved line at that point.
The slope of a curved line changes as you go along the curve and so you may have a different slope at each point. Any any particular point, the slope of the curve is the slope of the straight line which is tangent to the curve at that point. If you know differential calculus, the slope of a curved line at a point is the value of the first derivative of the equation of the curve at that point. (Actually, even if you don't know differential calculus, the slope is still the value of the function's first derivative at that point.)
The slope is[ (y-value of 'b') - (y-value of 'a') ] / [ (x-value of 'b') - (x-value of 'a') ]
What does it mean if a slope is numerically a higher value than another slope
Your Y value divided by your X value.
The slope changes as the value of x changes. For any point x, the slope is -8x.
A negative slope is a slope occurs whenever an increase in the x value of the equation of a line causes the y value to decrease. If you're looking at the graph, the line with slope downwards from left to right.
Its steepness is the absolute value of its slope.
a positive slope is a slope which increases in value "y" as well as its value for "x" i.e. (0,0)(2,2) would be listed as positive because the values increase olong the slope of the line
No, slope and initial value are not the same. The slope refers to the steepness or incline of a line on a graph, whereas the initial value represents the y-coordinate of the point where the line intersects the y-axis.
The value of the principal is fixed.
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