We can measure the influence of one variable on another by the slope of the relationship. The

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We can measure the influence of one variable on another by the slope of the relationship. The slope of a relationship is the change in the value of the variable measured on the y-axis divided by the change in the value of the variable measured on the x-axis. We use the Greek letter (delta)

to represent “change in.” So means the change in the value of y, and means the change in the value of x. The slope of the relationship is

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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