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When supply and demand are linear functions the outcomes of the cobweb model are stated above in terms of slopes, but they are more commonly described in terms of elasticities. The convergent case requires that the slope of the (inverse) supply curve be greater than the absolute value of the slope of the (inverse) demand curve:
Linear pathways follow a step-by-step sequence, where each enzymatic reaction results in the transformation of a substrate into an intermediate product. This intermediate is processed by subsequent enzymes until the final product is synthesized. A linear chain of four enzyme-catalyzed steps. A linear pathway can be studied in various ways.
A functional response in ecology is the intake rate of a consumer as a function of food density (the amount of food available in a given ecotope).It is associated with the numerical response, which is the reproduction rate of a consumer as a function of food density.
In biochemistry, a metabolic pathway is a linked series of chemical reactions occurring within a cell.The reactants, products, and intermediates of an enzymatic reaction are known as metabolites, which are modified by a sequence of chemical reactions catalyzed by enzymes.
Supply is often plotted graphically as a supply curve, with the price per unit on the vertical axis and quantity supplied as a function of price on the horizontal axis. This reversal of the usual position of the dependent variable and the independent variable is an unfortunate but standard convention.
Conversely, every line is the set of all solutions of a linear equation. The phrase "linear equation" takes its origin in this correspondence between lines and equations: a linear equation in two variables is an equation whose solutions form a line. If b ≠ 0, the line is the graph of the function of x that has been defined in the preceding ...
However, this does not indicate that the element in question is required for functioning. The element allows the system to function, but its presence is not required in order for the system to function. Tests of sufficiency in biology are used to determine if the presence of an element permits the biological phenomenon to occur.
Thus, a supply curve with steeper slope (bigger dP/dQ and thus smaller dQ/dP) is less elastic, for given P and Q. Along a linear supply curve such as Q = a + b P the slope is constant (at 1/b) but the elasticity is b(P/Q), so the elasticity rises with greater P both from the direct effect and the increase in Q(P).