sístækkandi
Sístækkandi is an Icelandic term that translates to "steadily increasing" or "continuously growing." It is a mathematical concept used to describe a function whose value either increases or stays the same as the independent variable increases. More formally, a function f(x) is sístækkandi if for any two values x1 and x2 in its domain, where x1 ≤ x2, it follows that f(x1) ≤ f(x2). This means that the function never decreases.
In contrast to strictly increasing functions, which must increase whenever the independent variable increases (f(x1) < f(x2)
The concept of sístækkandi is fundamental in various fields, including economics, where it can describe economic