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What do you call the point where the demand curve and the supply curve meet and what does that point tell you?
your mum:D:D:D:D:D hahahahaha
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 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 do the points on a market supply curve represent?
Each point on a market supply curve denotes basically the same thing. Each point on the curve corresponds to the supply of something, but at a specific or given price.
Economic growth can be shown as a movement from a point one production possibility curve to a point on a curve located father from the origin. True or False?
TRUE
What is meant by tangent to a curve at a point?
It is a straight line that touches the curve such that the line is perpendicular to the radius of the curve at the point of contact.
What does the derivative at a point mean?
The derivative at any point in a curve is equal to the slope of the line tangent to the curve at that point. Doing it in terms of the actual expression of the curve, find the derivative of the curve, then plug the x-value of the point into the derivative to find the derivative at that point.
How the slope of a curved line at a point can be found?
The slope of a curved line at a point is the slope of the tangent to the curve at that point. If you know the equation of the curve and the curve is well behaved, you can find the derivative of the equation of the curve. The value of the derivative, at the point in question, is the slope of the curved line at that point.
As a curve approaches a maximum point the slope will do what?
The slope of the tangent line at the maximum point of the curve is zero. So we say that as a curve point approaches to the maximum point, the slope of the tangent line at that point approaches to zero.
What do you call the point where the demand curve and the supply curve meet and what does that point tell you?
your mum:D:D:D:D:D hahahahaha
How do you find the point of tangency?
A tangent is an object, like a line, which touches a curve. The tangent only touches the curve at one point. That point is called the point of tangency. The tangent does not intersect (pass through) the curve.
Parabola is the point at which the parabola is at its lowest or highest point?
A parabola is NOT a point, it is the whole curve.
What is the condition to make a curve smooth?
The curve must have a derivative at every point (except its end point).
A six letter word for a plane curve with each point on the curve being and equal distance from a fixed point at the center of the figure?
The distance from the fixed point at the center of a circle to any point on the curve is called the radius.
What you call the point when a curve changing from concave upward to concave downward?
The point when a curve changes from concave upward to concave downward is called the inflection point. It is the point where the curve transitions from being curved "upwards" to being curved "downwards" or vice versa. At the inflection point, the rate of change of the curve's curvature changes sign.
What is a point of tangency?
It is the point at which a tangent touches a curve.
What is a slope line?
is it a line that is slanted
