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What is Linear and Non-Linear Relationships?
A linear relationship means that the slope of the line is proportional, which means that the line is straight. In contrast to the linear realtionship, the non-linear relationship's slope is not proportional and the line will curved and not straight. Formula of calculating the slope is the difference of y divided by the difference of x.
How the slope of a curved line at a point can be found?
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.
What is difference between a straight line and a curved line?
a straight line is mainly x2 a curved line is mainly x3
Are line segments only straight or can they be curved?
If it is not straight, then it is not a line.
Does a curved line have a fixed value for its slope in economics?
No. This is true for any curved line, not just in economics.
