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We take the absolute value of the demand slope to ensure that the elasticity of demand is expressed as a positive number, making it easier to interpret. Demand typically has a negative slope, reflecting the inverse relationship between price and quantity demanded; by using the absolute value, we focus on the magnitude of the responsiveness rather than the direction. This allows for a clearer comparison of elasticities across different goods and contexts.
What else can I help you with?
When is the absolute value of the slope gets smaller the gragh of a line gets?
The absolute value of the slope of a line represents its steepness; a smaller absolute value indicates a less steep line. As the absolute value of the slope approaches zero, the line becomes closer to horizontal. Therefore, when the absolute value of the slope decreases, the graph of the line gets flatter, indicating that the change in the y-coordinate relative to the x-coordinate is diminishing.
What can you determine about the steepness of a line in terms of its slope?
Its steepness is the absolute value of its slope.
Is a negative slope steeper than a posotive slope?
In general, the steepness of a slope is determined by its absolute value, not the sign. A negative slope indicates a downward trend, while a positive slope indicates an upward trend. If both slopes have the same absolute value, they are equally steep, but a negative slope will visually appear to descend, while a positive slope will ascend. Thus, a steeper slope can be negative or positive, depending on its absolute value.
When the absolute value of the slope gets smaller the gralh line gets?
Steeper
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.
What is the absolute value of the slope of a line?
answer
What can you determine about the steepness of a line in terms of its slope?
Its steepness is the absolute value of its slope.
Is a negative slope steeper than a posotive slope?
In general, the steepness of a slope is determined by its absolute value, not the sign. A negative slope indicates a downward trend, while a positive slope indicates an upward trend. If both slopes have the same absolute value, they are equally steep, but a negative slope will visually appear to descend, while a positive slope will ascend. Thus, a steeper slope can be negative or positive, depending on its absolute value.
When the absolute value of the slope gets smaller the gralh line gets?
Steeper
When the absolute value of the slope get smaller does the graph of a line gets shorter?
Not necessary because the line can have no slope at all and be as long as you want it to be.
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.
When the absolute value of the slope gets smaller the graph of a line get?
When the slope of a line reaches zero it then will be parallel to the x or y axes depending if its a positive or a negative slope.
Considering the graph of a line with a negative slope what is true?
the line goes down from left to right as the absolute value of the negative slope get bigger, the graph of the line gets steeper as the absolute value of the negative slope gets smaller, the graph of the line gets less steep ( apex )
What absolute value of the slope gets bigger the graph of a line gets?
It gets longer Apex :)
When the absolute value of the slope gets smaller the graph of a line gets?
When the slope of a line reaches zero it then will be parallel to the x or y axes depending if its a positive or a negative slope.
When the absolute value of the slope gets smaller the graph of a line gets what?
When the slope of a line reaches zero it then will be parallel to the x or y axes depending if its a positive or a negative slope.
What feature of a distance ortime graph represents speed?
slope of the graph ... actually the absolute value of the slope, actual slope, positive or negative, would indicate direction, so the slope would be velocity.
