I can't believe I got that math problem wrong. I was so sure I had the right answer.
Answer (1 of 2): Are you asking a math question or an empirical one? If you are given a mathematical representation of an indifference curve and a price, it is a mathematical problem
The point where the line and the curve meet is called the point of tangency. What is the tangent line equation? The equation of the tangent line can be found using the formula y – y 1 = m (x –
I can't believe I got that math problem wrong. I was so sure I had the right answer.
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The ruler is the tangent. The red point where the ruler touches the ball is the point of tangency. Let's simplify the diagram to something you might see in a geometry book. The ball becomes a
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