Chapter 2
Models of Growth: Rates of Change





2.1 Rates of Change

Section Summary

In this section we extended the fundamental formula

slope = rise run

from linear to more general functions. This led us to the concept of average rate of change and then to the notion of a difference quotient. The difference quotient is the ratio of the change in the dependent variable to the corresponding change in the independent variable. Using the Δ -notation for differences, if s = f ( t ) , then the ratio of the change in the dependent variable \(s\) to the change in the independent variable \(t\) is the difference quotient

Δ s Δ t .
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