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Q: What is the relation between slope and elasticity?
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What is the difference between zero slope and infinite slope?

Zero is when its a straight horizontal line It its going neither up or down Infinite is when its a straight vertical line You could say its positive or negative and it will forever going up or down You couldn't give it a slope number


What is instantaneous slope?

The instantaneous slope of a curve is the slope of that curve at a single point. In calculus, this is called the derivative. It also might be called the line tangent to the curve at a point. If you imagine an arbitrary curve (just any curve) with two points on it (point P and point Q), the slope between P and Q is the slope of the line connecting those two points. This is called a secant line. If you keep P where it is and slide Q closer and closer to P along the curve, the secant line will change slope as it gets smaller and smaller. When Q gets extremely close to P (so that there is an infinitesimal space between P and Q), then the slope of the secant line approximates the slope at P. When we take the limit of that tiny distance as it approaches zero (meaning we make the space disappear) we get the slope of the curve at P. This is the instantaneous slope or the derivative of the curve at P. Mathematically, we say that the slope at P = limh→0 [f(x+h) - f(x)]÷h = df/dx, where h is the distance between P and Q, f(x) is the position of P, f(x+h) is the position of Q, and df/dx is the derivative of the curve with respect to x. The formula above is a specific case where the derivative is in terms of x and we're dealing with two dimensions. In physics, the instantaneous slope (derivative) of a position function is velocity, the derivative of velocity is acceleration, and the derivative of acceleration is jerk.


What is the slope of the equation 5x plus 4y equals 8?

The slope is defined as the ratio of the "rise" divided by the "run" between two points on a line, or in other words, the ratio of the altitude change to the horizontal distance between any two points on the line. Given two points (x1,y1) and (x2,y2) on a line, the slope m of the line isFor equation:5x + 4y = 8the two intercepts are: (0,2) and (8/5,0)The slope = (2-0)/(0-8/5) = - 10/8 = - 5/4


Y equals 3x plus 5 slope?

The slope equals 3


What is the definition of a point-slope form?

point slope form is y-y1=m(x-x1). x1 and y1 are both points and m is the slope.

Related questions

What is the relation between gradient and slope?

The relation is that gradient and slope are both angled lines.


What is difference between slope and the calculation of elasticity for a linear demand curve?

Along a linear demand curve elasticity varies from point to point of the demand curve with respect to different price, but slope is constant


What is the relation between slope of demand curve and elasticity of demand curve?

They are both used to interpret the demand curve. The slope is just the slope, rise or run, ΔY/ΔX. Elasticity is the percentage change in one variable resulting from a percentage change in another variable. Thus, the price elasticity of demand is the percentage change in quantity demanded of a good resulting from a percent change in its price. (P/Q)( ΔQ/ ΔP) This implies that the elasticity is not constant and the elasticity changes along the curve; elasticity goes from 0 (when price is 0) to infinity (when price is very high). Elasticity is a more useful tool for data analysis because it eliminates units and thus the data is easier to interpret. Elasticity is also useful when large numbers are an obstacle in interpreting data like with wage. It is also useful when the taking the log with a set of data preserves the integrity of the data, since elasticity is the slope of the log of the data points.


How do you find modulus of elasticity from load displacement curve?

The modulus of elasticity is the slope of the linear portion of the curve (the elastic region).


Is the price elasticity constant along the demand curve?

Price elasticity of demand is equal to the instantaneous slope of the demand curve, or the slope of the tangent line at any point on the demand curve. So if the demand curve is represented by a straight downward sloping line, then yes, price elasticity of demand is equal to the slope of the demand curve. Otherwise, the slope at any point on the curve is changing, and you can find the it by taking the derivative of the demand curve function, which will find the Price elasticity of demand at any single point. Thus, the Price Elasticity of Demand changes at different points on the demand curve.


What is the position of an area in relation to the sun?

Slope


The vertical change in a relation to slope?

Rise


Why parallel lines a relation?

They have the same slope.


Explain the difference between price elasticity of demand and the slope of a demand curve?

Price elasticity is a specific type of slope of the demand curve. A perfectly inelastic demand means that the quantity will not change with the price. This line is perfectly vertical. A perfectly elastic demand curve is horizontal and means that at any given quantity, there is only one price. Also, a slope gets steeper, demand becomes more inelastic.


Distinguish between price and income elasticity of demand?

distinguish between price elasticity of demand and income elasticity of demand


Are slope of demand curve and elasticity of a demand curve the same thing?

Not exactly. They serve the same purpose, but calulated a little bit differently. Slope equals change in price divided by change in quantity. Elasticity equals changes in quantity to be divided by changes in price


What does the slope of load vs deflection the represent?

It is an approximate measure of elasticity.It is an approximate measure of elasticity.It is an approximate measure of elasticity.It is an approximate measure of elasticity.