Video 6: The Inverse Function Theorem. In the Inverse Function Theorem video we discuss the Inverse Function Theorem which gives a relationship between the derivative of an invertible function and ...

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.

Figure 2 is a graphical representation of this simple exponential function of Y = X 3.. Notice how it differs from the function in Figure 1. The main difference is this: The curve goes up much ...

Exponential growth is a pattern of data that shows greater increases with passing time, creating the curve of an exponential function. The formula for exponential growth is V = S x (1+R) T, where ...