Search results
Results from the WOW.Com Content Network
A curve may have equivalent parametrizations when there is a continuous increasing monotonic function relating the parameter of one curve to the parameter of the other. When there is a decreasing continuous function relating the parameters, then the parametric representations are opposite and the orientation of the curve is reversed. [1] [2]
Economic graphs are presented only in the first quadrant of the Cartesian plane when the variables conceptually can only take on non-negative values (such as the quantity of a product that is produced). Even though the axes refer to numerical variables, specific values are often not introduced if a conceptual point is being made that would ...
The Lorenz curve cannot rise above the line of perfect equality. A Lorenz curve that never falls beneath a second Lorenz curve and at least once runs above it, has Lorenz dominance over the second one. [5] If the variable being measured cannot take negative values, the Lorenz curve: cannot sink below the line of perfect inequality, is increasing.
3 Economics/Business. 4 Medicine/Biology. 5 Psychology. 6 Ecology. 7 See also. ... Space-filling curve (Peano curve) See also List of fractals by Hausdorff dimension.
Media in category "Economics curves" This category contains only the following file. Contract-curve-on-edgeworth-box.svg 400 × 300; 13 KB
An example of a demand curve shifting. D1 and D2 are alternative positions of the demand curve, S is the supply curve, and P and Q are price and quantity respectively. The shift from D1 to D2 means an increase in demand with consequences for the other variables
In this case the rate is derived as follows: A trend was calculated for the resulting discounted price curve using the method of "least squares". The discount rate was then derived by seeking the goal of a trend of 1, i.e. flat. For housing this normalization rate was 6.06% considering the data from 1940 to 2010 relative to the year 1990.
In economics, an indifference curve connects points on a graph representing different quantities of two goods, points between which a consumer is indifferent. That is, any combinations of two products indicated by the curve will provide the consumer with equal levels of utility, and the consumer has no preference for one combination or bundle ...