If you are looking at the rise over the run on a curve you are determining
run of a curve.
slope of a curve.
In this question term rise refers to the change in the distance of vertical axis ; whereas run refers to the change in the distance of horizontal axis on a graph .
Rise Over Run refers to the Slope of a curve.
To find the Slope of a curve we find the ratio of the change in the units of vertical axis to the change in the units of horizontal axis.
In the diagram below, we see two points on the curve in which the vertical axis is represented by marginal cost and the horizontal axis is represented by the quantity
Now we can see in the diagram two points .
On the first point value on the vertical axis = 3; the value on the
horizontal axis equals 2
On the second point the value on the vertical axis = 5 and the
value on the horizontal Axis equals 4
To find the slope we use the following formula:
Change in the units on Vertical axis divided by change in the units on Horizontal axis
Value on the horizontal axis Increases from 2 to 4
So the change in horizontal horizontal axis = 2
Values on the vertical axis increases from 3 to 5,so the change in vertical axis equals 2.
The slope is equals to = 2 / 2
Slope = 1

If you are looking at the rise over the run on a curve you are determining...
Why does the short-run aggregate supply curve slope upward? O A. Profits rise when the prices of the goods and services firms sell rise more rapidly than the prices they pay for inputs. O B. An increase in market prices results in an increase in quantities supplied, as stated by the law of supply. O C. As the number of workers, machinery, and equipment increase, and technological changes occurs, quantity supplied increases. O D. All of the above cause the...
What does the vertical slope of the long-run aggregate supply curve mean? no matter what the Real GDP, the price level is always the same Real GDP always increases and never falls Real GDP always converges to the same value in the long run The price level is not a factor determining long-run aggregate supply
1.
.
(Figure: Determining SRAS Shifts) If there are advances in
technology, the short-run aggregate supply curve will shift from
SRAS0 to _____ and the price level will shift to
_____.
SRAS1; P0
SRAS2; P2
SRAS2; P1
SRAS1; P1
2.
Simultaneous recession and deflation can be explained by:
a decrease in aggregate supply.
an increase in aggregate supply.
a decrease in aggregate demand.
an increase in aggregate demand.
3.
Which is a determinant of aggregate supply?
household expectations
prices of...
Sticky wages cause the: Multiple Choice long-run aggregate supply curve to slope upward. short-run aggregate supply curve to slope downward. long-run aggregate supply curve to slope downward. short-run aggregate supply curve to slope upward.
Many business cycle theories, formal and informal, claim that labor inputs rise and fall over the business cycle because of a corresponding rise and fall in labor demand. But the only way for a “fall in labor demand” to massively shrink employment is if the labor supply curve is flat. And the flatness of the labor supply curve is itself one of the most controversial concepts in macroeconomics. Briefly explain the intellectual battle over the shape of the short-run labor...
if output is above its natural level, over time the price level will rise/fall, shifting the LM/IS curve and moving the economy toward its long run equlibrium
1. what is the rise of the line?
2. what is the run of the line?
3. finally, what is the slope of the line?
01+Economic+Thinking (1) - Compatibility Mode - Saved to this PC Draw Design Layout References Mailings Review View Help mbria (Body) - 16 A A Aa po IUəb X, X APA Font 21 SE AaBbCcDd 1 Abstract Paragraph 1 2 3 4 5 6 7 8 9 10 1. What is the rise of the line?...
5. The slope and position of the long-run aggregate supply curve Which of the following factors will influence the position of the long-run aggregate supply curve? Check all that apply The price level The quantity of physical capital The amount of available natural resources The size of the labor force Suppose the economy produces real GDP of $30 bwwion when unemployment is at its natural rate. On the following graph, use the purple line (diamond symbol) to plot the economy's long-run aggregate supply (LRAS) curve. Suppose the...
1.) Why does a long-run average cost curve with a clear minimum point allow fewer firms to compete? Select the correct answer below: a. any firm producing at a different quantity from a clear minimum point will have higher costs. b. any firm that produces the same quantity from a clear minimum point will have higher costs. c. any firm producing at a different quantity from a clear minimum point will have lower costs. d. any firm that produces the...
When the firm increases output and the costs rise disproportionately slower, then the long-run average cost curve is _and the firm is experiencing O A. horizontal, constant returns to scale OB. upward sloping; diseconomies of scale O C. downward sloping; constant returns to scale OD. downward sloping, economies of scale