Explanation:
A diode is an electrical element which offers the flow of current freely in one direction with very less resistance.
The given figure depicts a diode in forward bias, where the p-side and the n-side of the diode are connected to positive and negative terminals respectively. In such a case the current flows from the p-side to n-side of the p-n junction very easily and the value of the current increases rapidly after a certain voltage, this voltage is called threshold voltage.
We can deduce from the graph that the resistance of the diode reduces with increase in voltage. As resistance is given by the formula:
[tex]R=\frac{V}{i}[/tex]
