Its steepness is the absolute value of its slope.
Steeper
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 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.
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.
answer
Its steepness is the absolute value of its slope.
Steeper
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.
Not necessary because the line can have no slope at all and be as long as you want it to be.
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.
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 )
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 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.
It gets longer Apex :)
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.
Absolute demand is demand without the ability to pay.