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To construct the tangent to a curve at a certain point A, you draw a line that follows the general direction of the curve at that point. An example of this can be seen below. Once the tangent is found ...
We can calculate the gradient of a tangent to a curve by differentiating. In order to find the equation of a tangent, we: Differentiate the equation of the curve Substitute the \(x\) value into the ...
In math and statistics, you may occasionally need to calculate the slope of a line generated by coordinates in the (x,y) format. The slope is a value that indicates the rate at which the y value of a ...
The international substitution effect provides an explanation for the downward slope of the aggregate demand curve. The textbook explanation relies on fixed exchange rates. With flexible rates, the ...