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Economics

Let's learn how to effectively manage scarcity.

Questions

Compute a slope of linear supply function

Can someone please help me to find the slope of linear supply function? The instructor told to provide detailed explanations of the computations, but ...

krishnakrishna asked 2 years ago
1 answer · 2 votes
Transform an implicit supply function into explicit linear supply function.

Hello there! I assume that in implicit function, independent and dependent variables are not defined properly. But I'm not sure how can I convert the ...

rajanarajana asked 2 years ago
1 answer · 0 votes
Compute the slope of linear demand function.

I believe the linear demand function is, Qd = a - bP, where -b is the slope. Is the required slope, -b = (Qd - a)/P?

krishnakrishna asked 2 years ago
1 answer · 1 vote
Derive the graph of linear demand function with explanations.

I assue the equation of linear demand function is Q^d = a - bP. I'm not sure how is its graph and how should I explain it. Can someone pls help me

dipendipen asked 2 years ago
1 answer · 0 votes
Transform an implicit demand function into explicit linear demand function.

hello, I'm sure that independent and dependent variables are not defined properly in the implicit function but they are defined in the explicit functi...

ramesrames asked 2 years ago
1 answer · 0 votes
Define implicit function and explicit function of Economics with examples.

I kinda know that explicit function has its variables explicitly defined, but I've no idea about implicit function. Can you pls help? I also have no i...

davidapdavidap asked 2 years ago
1 answer · 0 votes
Graph nonstandard function. Provide detailed explanations of each of your steps.

Hello. I want help graphing the nonstandard function and its explanation. I skimmed the internet and found the equation of a non-standard function is ...

ramesrames asked 2 years ago
1 answer · 3 votes
Graph standard function. Provide detailed explanations of each of your steps.

I believe the equation of standard function is y = f(x). But I don’t how is it’s graph and the methods to create it. Can someone please help?

ramesrames asked 2 years ago
1 answer · 0 votes

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