FIGURE 2-4
-Refer to Figure 2-4.The slope of the non-linear function changes as we move along the curve.The slope is
A)positive and increasing,indicating an increasing marginal response.
B)negative and decreasing,indicating a diminishing marginal response.
C)positive and decreasing,indicating a diminishing marginal response.
D)negative and increasing,indicating an increasing marginal response.
E)constant at all points,indicating a constant marginal response.

Question

FIGURE 2-4
-Refer to Figure 2-4.The slope of the non-linear function changes as we move along the curve.The slope is
A)positive and increasing,indicating an increasing marginal response. 
B)negative and decreasing,indicating a diminishing marginal response. 
C)positive and decreasing,indicating a diminishing marginal response. 
D)negative and increasing,indicating an increasing marginal response. 
E)constant at all points,indicating a constant marginal response.

Quizplus · Accepted Answer

As we move along the curve, the slope of the non-linear function becomes less steep, indicating a diminishing marginal response. Additionally, the slope is positive, indicating a positive relationship between the two variables. Option A is incorrect because the slope is not always increasing, and option D is incorrect because the slope does not become more negative as we move along the curve. Option E is also incorrect because the slope is not constant at all points. Option B is the opposite of the correct answer, as the slope is not negative and decreasing, but rather positive and decreasing.

FIGURE 2-4 -Refer to Figure 2-4.The Slope of the Non-Linear Function Changes