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A 15-turn rectangular loop of wire of width 10 cm and length 20 cm has a current of 2.5 A flowing through it.Two sides of the loop are oriented parallel to a uniform magnetic field of strength 0.037 T,and the other two sides are perpendicular to the magnetic field.
(a)What is the magnitude of the magnetic moment of the loop?
(b)What torque does the magnetic field exert on the loop?
Behavioral Economics
A field of economics that examines the effects of psychological, cognitive, emotional, cultural, and social factors on economic decisions.
Neoclassical Economic Model
An economic theory that focuses on how the equilibrium state of markets is reached through supply and demand forces, emphasizing utility maximization and profit maximization.
Behavioral Economics
A field of economics that studies the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.
Overconfidence Effect
The bias where an individual's subjective confidence in their judgments is greater than their objective accuracy.
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