When these combinations are graphed, the slope of the resulting line is negative. This means that the consumer faces a diminishing MRS: The more hamburgers they have relative to hot dogs, the fewer hot dogs they are willing to consume. If the MRS of hamburgers for hot dogs is -2, then ...
The slope of the indifference curve is known as the marginal rate of substitution (MRS). The MRS is the rate at which the consumer is willing to give up or substitute one good for another. A consumer who values apples will be slower to give them up for oranges and the slope will refle...
The slope formula is used to calculate the inclination or steepness of a line. Understand the slope formula with Derivation, Examples, and FAQs.
What is the formula for degrees of freedom and when do you use this calculation in statistics? What is the numerical value of the center line for the p chart? Construct a stem and leaf plot with these numbers. 120, 125, 128, 130, 131, 134, 136, 137, 139, 141, 143, 145, 145, ...
What is the formula for cross-price elasticity of demand? What is the price elasticity of demand and how do you interpret an elasticity value? What is the price elasticity of demand equal to? Explain the cross-price elasticity of demand. ...
To find the value of y such that the line through the points (3,y) and (2,7) is parallel to the line through the points (−1,4) and (0,6), we will follow these steps: Step 1: Find the slope of the line through the points (−1,4) and (0,6).The formula for the slo...
Important Point Theplinth areameans we know the built-upcoveredarea at thefloor levelof the basement or of any story. The plinth area is also referred to as the total area captured by the building along with theinterioror exteriorwalland also known as thebuilt-up area. ...
Also try typing some 16pt verdana and 16pt Perpetua. The point size of a typeface is not the same as its apparent size. It is the apparent size that it important. 16pt Perpetua is a instant turn off, to small, cannot be bothered reading that. With something like 3 seconds to get th...
A visual for the Midpoint Formula The lines through P1and P2,parallelto the y-axis intersect the x-axis at A1(x1,0) and A2(x2,0). The The midpoint through M parallel to the y-axis bisects the segment A1A2at point M. M1is halfway form A1to A2, the x-coordinate of M1is: ...
For vision, the volumes are usually filled by a solid or liquid and air. The surface is the boundary of the solid or liquid, which reflects light to the observer’s vantage point. The surface is polarized, that is, different on its two sides, and usually only the solid or liquid ...