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Earn +20 ptsQ: Why do we get the absolute value of demand slope?
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What can you determine about the steepness of a line in terms of its slope?
Its steepness is the absolute value of its slope.
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.
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.
How do you sketch this function y equals absolute value of 3x?
The graph of that function looks like a big letter ' V '. The point of the 'V' is at the origin,the left half has slope = -3, and the right half has slope = 3.
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