--%>

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 : What are the benefits and costs of

    What are the benefits and costs of Marginalism?

  • Q : In long-run equilibrium earning of zero

    When, in a perfectly competitive industry, where the market price facing a firm is above its average total cost on the output here marginal revenue equivalents marginal cost, in that

  • Q : Subjective aspects of pricing- economic

    Adam Smith must have emphasized more strongly how his Wealth of Nations drew concepts and inspiration by Richard Cantillon’s Essai. Now today’s perspective that the Wealth of Nations would considered even

  • Q : Gains from Exchange- Practice and

    When a world famous concert pianist is as well the world's fastest short order cook, he would most likely gain the most financially through devoting: (i) Full time to frying burgers (ii) Full time to piano practice and concerts. (iii) Half-time cooking and half-time p

  • Q : Explain the term leverages Briefly

    Briefly explain the term leverages?

  • Q : Explain and give an illustration

    Explain and give an illustration of (a) the fallacy of composition; and (b) the “after this, therefore because of this” fallacy.  Why are cause-and-effect relationships difficult to isolate in the social sciences?

  • Q : Reduce price differences by arbitrage

    When government intervention is not present, than arbitrage: (w) will reduce price differences when similar good sells at various prices within separate markets. (x) results into economic losses for traders. (y) causes high economic profits for mercha

  • Q : Explain Unemployment Explain

    Explain Unemployment, Growth, and the Future?

  • Q : Elucidate how to maintain competition

    Elucidate how to maintain competition?

  • Q : Circular flow model of the private

    I have a problem in economics on Circular flow model of the private sector. Please help me in the following question. The simple circular flow model of private sector doesn’t comprise: (i) Firms. (ii) Product markets. (iii) Government agencies.