Daffodil International University
Faculties and Departments => Business Administration => Business & Entrepreneurship => BBA Discussion Forum => Topic started by: psycho saint on January 31, 2011, 03:54:28 PM
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slope is a very common topic in the study of science but this method also plays an important role is business too.though most of the students understand this matter but i would like to share some of my knowledge regarding this subject.though it is a method that comes from science but i wont like to explain it from that aspect..
slop means area of rising or falling ground..we may face problem while calculating a slope that whether it is positive or negative.we know that in a graph there is two axises..X axis and Y axis ..the if we divide the changes of Y axis by changes of X axis then we will get slope..
Thats mean slope= Changes in Y axis / Changes in X axis
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Slopes are quite important. Sometimes you need only one to determine your desired stuff and sometimes you need more than one. For example- when u need to determine equilibrium price and output thru the interaction between demand and supply, u need 2 slopes one to create D&D1 and second one is S&S1 which both will cross at R where OM shows supply and demand and OP shows price.