The unusual equilibrium in the text has an updating function that lies below the diagonal both to the left and to the right of the equilibrium. There are several other ways that an updating function can be tangent to the diagonal at an equilibrium. In each case, cobweb starting from points to the left and to the right of the equilibrium, and describe the stability. Graph an updating function that is tangent to the diagonal at an equilibrium but crosses from below to above. Show by cobwebbing that the equilibrium is unstable. What is the second derivative at the equilibrium?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.8: Interpreting Graphs Of Functions
Problem 19PPS
icon
Related questions
Question

The unusual equilibrium in the text has an updating function that lies below the diagonal both to the left and to the right of the equilibrium. There are several other ways that an updating function can be tangent to the diagonal at an equilibrium. In each case, cobweb starting from points to the left and to the right of the equilibrium, and describe the stability. Graph an updating function that is tangent to the diagonal at an equilibrium but crosses from below to above. Show by cobwebbing that the equilibrium is unstable. What is the second derivative at the equilibrium?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage