decreasing function
(noun)
Any function of a real variable whose value decreases (or is constant) as the variable increases.
Examples of decreasing function in the following topics:
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Increasing, Decreasing, and Constant Functions
- Functions can either be constant, increasing as $x$ increases, or decreasing as $x $ increases.
- Similarly, a function is decreasing on an interval if the function values decrease as the input values increase over that interval.
- The figure below shows examples of increasing and decreasing intervals on a function.
- The function is decreasing on on the interval: $ (−2, 2)$.
- Identify whether a function is increasing, decreasing, constant, or none of these
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What is a Quadratic Function?
- A quadratic function is of the general form:
- A quadratic equation is a specific case of a quadratic function, with the function set equal to zero:
- Linear functions either always decrease (if they have negative slope) or always increase (if they have positive slope).
- All quadratic functions both increase and decrease.
- The slope of a quadratic function, unlike the slope of a linear function, is constantly changing.
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The Firm in Pure Competition
- DM and SM represent the market demand and supply functions.
- Marginal revenue decreases at twice the rate (has twice the slope of the AR) as a linear AR function.
- Since the slope the AR for the purely competitive firm is 0, the MR does not decrease and lies along the demand and AR functions.
- (As shown in Panel B.VII.3. ) Note that a decrease in market supply will shift the firm's demand function up.
- An increase (decrease) in market demand would shift the firm's demand up (down).
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Aging and the Urinary System
- As kidneys age, the number of filtering units and nephrons decreases, slowing down kidney function.
- As with other organs, kidney function may be slightly reduced with aging.
- The number of filtering units (nephrons) decreases.
- The overall amount of kidney tissue also decreases.
- Under usual conditions, kidney function remains normal in an aging person, although sometimes kidneys in an aging person may function more slowly than those of a younger person.
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Functional Structure
- An organization with a functional structure is divided based on functional areas, such as IT, finance, or marketing.
- Functional departments arguably permit greater operational efficiency because employees with shared skills and knowledge are grouped together by functions performed.
- A disadvantage of this structure is that the different functional groups may not communicate with one another, potentially decreasing flexibility and innovation.
- Functional structures may also be susceptible to tunnel vision, with each function perceiving the organization only from within the frame of its own operation.
- Each different functions (e.g., HR, finance, marketing) is managed from the top down via functional heads (the CFO, the CIO, various VPs, etc.).
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The Supply and Demand for Bonds
- A decrease in expected inflation increases the bond's demand function shifting rightward.
- A decrease in the risk of bonds increases the bond's demand function shifting rightward.
- A decrease in information costs increases the bond's demand function shifting rightward.
- A decrease in business taxes increases the bond's supply function shifting rightward.
- For example, a drop in expected inflation causes the supply function to decrease and shift leftward.
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Exponential Decay
- Just as a variable can increase exponentially as a function of another, it is possible for a variable to decrease exponentially as well.
- Just as it is possible for a variable to grow exponentially as a function of another, so can the a variable decrease exponentially.
- Consider the decrease of a population that occurs at a rate proportional to its value.
- This rate at which the population is decreasing remains constant but as the population is continually decreasing the overall decline becomes less and less steep.
- After $15$ years there will be $12.5$, the amount by which the substance decreases is itself slowly decreasing.
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Graphical Representations of Production and Cost Relationships
- The short-run, total product function and the price of the variable input(s) determine the variable cost (VC or TVC) function.
- In Figure V.3, the short-run TP function and VC function are shown.
- The MC will be decreasing in this range.
- In the range from LA to LB amount of labour the output rises from QA to QB, TP increases at a decreasing rate (MP will be decreasing in this range.).
- At the maximum of TP (LB amount of labour, output QB) at point B, the VC function will "turn back" and as output decreases the VC will continue to rise.
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Stretching and Shrinking
- If the function $f(x)$ is multiplied by a value less than one, all the $y$ values of the equation will decrease, leading to a "shrunken" appearance in the vertical direction.
- If $b$ is greater than one the function will undergo vertical stretching, and if $b$ is less than one the function will undergo vertical shrinking.
- If we want to vertically stretch the function by a factor of three, then the new function becomes:
- If the independent variable $x$ is multiplied by a value less than one, all the x values of the equation will decrease, leading to a "stretched" appearance in the horizontal direction.
- If $c$ is greater than one the function will undergo horizontal shrinking, and if $c$ is less than one the function will undergo horizontal stretching.
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Demand Function
- A decrease in demand is a shift to the left.
- A decrease in income will decrease (shift the demand to the left) demand.
- An increase in the income will decrease demand while a decrease in income will increase demand.
- A decrease in PY will increase the quantity demanded for good Y.
- The demand for X in Panel A decreases for DX to DX**.