Determine the Scalar Product of = 6

question 66

Multiple Choice

Determine the scalar product of = 6.0 + 4.0 - 2.0 and = 5.0 - 6.0 - 3.0 .

• A)30 + 24 + 6
• B)30 - 24 + 6
• C)12
• D)60
• E)undefined

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Definitions:

Marginal Product

The additional output that results from the use of one more unit of a factor of production, keeping all other factors constant.

Monopsonist

A market condition where there is only one buyer for many sellers, giving the buyer significant power over prices and terms.

Nonunion Labor Force

Employees who are not members of a labor union and do not have negotiated contracts concerning their wages, benefits, and working conditions.

Monopsonist

A market condition in which a single buyer substantially controls the market as the major purchaser of goods and services.