--%>
Assignment Help - homework help

Describe the Slope of a nonlinear curve

Describe the Slope of a nonlinear curve?

E

Expert

Verified

1. The slope of a nonlinear relationship changes from one point to another.

2. The slope of a curve at point a is equal to the slope of a line tangent to the curve at point a.

   Related Questions in Business Economics

  • Q : Determine the productively efficiency

    To be productively efficient, a country should: (w) maximize the satisfaction attainable from its budget. (x) be concerned only with macroeconomic analysis. (y) concentrate on removing scarcity. (z) maximize the value of output produced through specif

    		•
  • Q : Elucidate types of unemployment

    Elucidate types of unemployment?

    		•
  • Q : Example of public goods Drinking at a

    Drinking at a public water fountain is: (w) a public good because anyone may drink from it. (x) results in a negative externality because others can’t drink from this at similar time. (y) a positive externality because you are benefiting by other’s provisi

    		•
  • Q : Market efficiency while transaction

    Transaction costs tend to be decreased and markets are more efficient when: (w) the government subsidizes a good. (x) inter-market price differentials are eliminated through arbitrage. (y) taxes are used to give for social wants. (z) regulations close

    		•
  • Q : Absolute advantage in international

    One early involvement of Adam Smith to the theory of gains by international trade, although later thoroughly revised and refined through David Ricardo, was the conception of: (1) mercantilism. (2) absolute advantage. (3) comparative a

    		•
  • Q : Possession protection of property rights

    Why possession protection of property rights and private property promotes the market system?

    		•
  • Q : Why does the supply curve slope upward

    Explain the law of supply. Why does the supply curve slope upward?

    		•
  • Q : Illustrate Professional and personal

    Illustrate Professional and personal applications?

    		•
  • Q : Initial systematic and popular

    The initial systematic and popular description of capitalism was explained in: (1) Sir Thomas Mun’s England’s Treasure by Foreign Trade. (2) Joseph A. Schumpeter’s Capitalism, Socialism, and Democracy. (3) John Maynard Keynes’

    		•
  • Q : Scientific method how does it relate to

    What is the scientific method and how does it relate to theoretical economics?  What is the difference between a hypothesis and an economic law or principle?

    		•