Gas Demand Bid Slope

Units:-
Mode:Input Only
Multi-band:False
Default Value:0
Validation Rule:<0
Key Property:No
Description:Demand bid slope for modeling elasticity. Must be entered to auto-generate steps.

Gas Demand Bid Slope is Demand bid slope for modeling elasticity. Must be entered to auto-generate steps along the demand step function. Along with Bid Quantity and Bid Price, the demand step function is generated using the point slope formula:

y-p = m(x-q)

where m is the Bid Slope and p and q are the Bid Price and Quantity.