Sanjeet sent us this graph, showing the
three curves on the same graph:
For different values of
the graphs have the equation:
Differentiating
So the critical value is at
. Near this
point, for small negative
the gradient is
positive and the function increasing and for
small positive
the gradient is negative and
the function decreasing so this is a maximum
point.
The value of
is always positive so the entire
graph lies above the
axis and the graph is
symmetrical about
because
.
For large
the value of
tends to zero so
the line
is an asymptote.