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With an inverse demand curve, price becomes a function of quantity demanded. This means that changes in the quantity demanded lead to changes in price levels, which is the inverse of a demand curve.
In the Introduction to the Derivative video we introduce the notion of the derivative of a function and explain how the derivative captures the instantaneous rate of change of a function. In the ...
Determining composite and inverse functions Composite and inverse functions can be determined for trigonometric, logarithmic, exponential or algebraic functions.
creating the curve of an exponential function. The formula for exponential growth is V = S x (1+R) T, where S is the starting value, R is the interest rate, T is the number of periods that have ...
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