The instantaneous velocity equals the slope of the tangent to the curve of x v s at any chosen point, which can simply be called “the slope of the curve” at that point.
The slope of the straight line is less than the slope of , thus the average velocity during the time interval is less than during the time interval t2 - t1.
The speed of an object falling in air does not increase indefinitely, and if the object falls far enough, it will reach a maximum velocity called the terminal velocity due to air resistance.