exponential curves---Two dimensional diagrams showing just two variables involved in a
repetitive multiplication process (exponentiation). A change in the first
variable doesn’t correspond with much of a change in the second variable at the
beginning of the curve but moving along around knee of the curve, changes in the
first variable correspond to increasingly greater changes in the second, and the
slope (rise divided by run) eventually becomes theabsolute value of one and eventually goes
faster and faster into infinity (undefined). To an observer on the Mainland,
this phenomenon could appear to be a rapidly approaching monster wave; a wall of
water: do something!
On the other hand, combinations of these curves could
illustrate peaceful trade in its basic, ordinal sense. These curves have also been
called acceleration curves. Please see compound interest,increasing returns to scale, and
utility curves
.