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What else can I help you with?
The slope of a curve is not constant?
if the slope of offer curves is constant, the terms of trad will
Is a tangent a trigonometric ratio?
Tangent is used in calculus to compute the slope of a curve. Because curves do not have uniform slopes, unlike lines, their slopes change. A tangent is the slope of a curve at a specific point.
Why isn't 1 always my slope?
That's because lines, or curves, can have different slopes.
Does a demand curve always have a positive slope?
Demand curves almost always have negative slopes. The Y value being price and the X value being quantity. The higher the price, the more negative the slope. There are very rare conditions where a demand curve could have a positive slope, but its not normally used in business classes.
Why would you ever need to know slope or rate of change in the real world?
The "slope" of the graph of any quantity tells how fast that quantity is changing. Any quantity that changes in real life has a slope. -- The slope of the car's odometer reading is the car's speed. That slope is so important that a separate meter, called the "speedometer", is provided to show it. -- The slope of the speedometer reading is the car's acceleration. -- The slope of a road, track, or trail is called the "grade". Hikers and railroad drivers always want to know the grade, because it tells them whether they'll be able to make it past that piece of track or trail, and whether they'll need to get a running start. -- People who build roads with curves have to be careful of what kind of slope they build into the curves. If the slope of the pavement in a curve is wrong, then every car on the curve flies off of the road. -- Carpenters too. If the slope of the roof on a house or a building is wrong, then the rain and snow don't run off fast enough, and the roof caves in.
The slope of a curve is not constant?
if the slope of offer curves is constant, the terms of trad will
Slope of indifference curve?
indifference curves slopes downward to the right
Because of the law of supply supply curves always slope?
upward and to the right
Is undertaker a brother of Kane?
if the slope of offer curves is constant, the terms of trad will
Explain why demand curves slope downwards while supply curves slope upwards Mention the exception?
Demand curves slope down because as price decreases for goods, demand increases. Supply curves slope upwards because the higher the price, the more goods a supplier wishes to supply to the market. There are two exceptions: 1. When a good is more fashionable at a higher price (like designer jeans) referred to as Veblen Goods. 2. Inferior goods for which there is no cheaper close substitutes referred to Geffen Goods.
What are characteristics of an indifference curve?
indifferent curves are convex to their origin, they do not intersect, and have a negative slope
What is the practice of plowing fields along the curves of a slope called?
Low-till or no-till
What practice of plowing field along the curves of a slope is called?
Low-till or no-till
What are concave and convex slopes?
A concave slope curves inward or has a depression in the middle, resembling a bowl shape. In contrast, a convex slope curves outward, forming a mound or hill shape. Both types of slopes can be found in various natural landscapes.
Why do most demand curves exhibit a negative slope?
Most demand curves exhibit a negative slope because as the price of a good or service decreases, the quantity demanded by consumers typically increases. This inverse relationship between price and quantity demanded is known as the law of demand.
What direction does the supply curve slope from the left to right?
Supply curves do not always slope from left to right. A supply curve can slope from the right and when this happens this means that there is a surplus of goods at a lower price.
What are the 3 steps for working with demand and supply graphs?
The three steps for working with demand and supply graphs are: Identify the Curves: Determine the demand and supply curves on the graph, ensuring you understand their slopes—demand curves generally slope downwards while supply curves slope upwards. Determine Equilibrium: Find the equilibrium point where the demand and supply curves intersect, indicating the equilibrium price and quantity in the market. Analyze Shifts: Assess any factors that may cause shifts in the demand or supply curves, such as changes in consumer preferences or production costs, and illustrate these shifts on the graph to understand their impact on equilibrium.
