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Is the height of an indifference curve the marginal rate of substitution?
Yes. The height of an indifference curve is the marginal rate of substitution.
What is an explaination of bath-tub curve and tero-technology?
The Bath-tub curve is the curve of failue rate of the equipment or a machine with respect to time.In the initial phase the failure rate is much higher and it goes on reducing with the warranty period getting over.this failure can be due to the design defect or the installation defect. During the later stage also the failure rate is higher.this is attributed to aeging or wear and tear of the machine.In between this two phases there is a very less possibility of failure.the failure rate is constant and can be because of some external factor.The curve is in the shape of the bath tub
What do you mean by point of inflection in micro-economics?
It is the same as it is in calculus: Its the point on a curve where the rate of the rate of change of the curve flips.
What are the influence of marginal rate substitution on indifference curve?
the two difference of curve is radios
Why does the average cost curve fall at the initial stage then rise again?
The average cost curve fall at the initial stage due to increasing returns on variable factors of production. It then rises due to diminishing returns, which causes costs Êto rise.
Why calculate initial rate of reaction from a curve rather than measure how much gas is released?
You will calculate the initial rate of reaction from a curve rather than measure how much gas is released because you are looking at products in there molecular nature.
Is the height of an indifference curve the marginal rate of substitution?
Yes. The height of an indifference curve is the marginal rate of substitution.
What is an explaination of bath-tub curve and tero-technology?
The Bath-tub curve is the curve of failue rate of the equipment or a machine with respect to time.In the initial phase the failure rate is much higher and it goes on reducing with the warranty period getting over.this failure can be due to the design defect or the installation defect. During the later stage also the failure rate is higher.this is attributed to aeging or wear and tear of the machine.In between this two phases there is a very less possibility of failure.the failure rate is constant and can be because of some external factor.The curve is in the shape of the bath tub
What do you mean by point of inflection in micro-economics?
It is the same as it is in calculus: Its the point on a curve where the rate of the rate of change of the curve flips.
What is a learning curve?
A learning curve represents the rate at which a person learns a new skill or acquires knowledge over time. It typically shows an initial steep learning phase followed by a gradual leveling off as proficiency increases. Understanding the learning curve for a particular task can help in predicting how quickly someone will become proficient at it.
Compare the rate of water flow on the inside of a meander curve with that on the outside of the curve?
No
Describe the population growth curve of houseflies?
Populations of organisms do not experience a linear growth, rather a -J- shaped curve. The initial increase in the number of organisms is slow because the number of reproducing individuals is small. As the population gets larger it also grows at a faster rate.
What are the influence of marginal rate substitution on indifference curve?
the two difference of curve is radios
A curve showing the relationship between temperature and time for a given amount of liquid heated a constant rate is a what curve?
The curve showing the relationship between temperature and time for a given amount of liquid heated at a constant rate is called a "heating curve." This curve is mapped out on a graph.
How to find the constant rate of change?
To find the constant rate of change is by taking the final minus initial over the initial.
What is a curve showing the relationship between temperature and time for a given amount of liquid heated at a constant rate?
The curve showing the relationship between temperature and time for a given amount of liquid heated at a constant rate is called a "heating curve." This curve is mapped out on a graph.
Can a steep curve in a line graph indicate a rapid or a slow rate of change?
its going to be a rapid rate of change because it changes fast. a slow rate would be a steady or a smaller curve
