An Elevator Is Being Lifted Upward at a Constant Speed

question 25

Multiple Choice

An elevator is being lifted upward at a constant speed by a steel cable. All frictional forces are neglected. In this situation, forces on the elevator are such that

• A) the upward force by the cable is smaller than the downward force of gravity.
• B) the upward force by the cable is equal to the downward force of gravity.
• C) the upward force by the cable is greater than the downward force of gravity.
• D) None of these. (The elevator goes up because the cable is being shortened, not because an upward force is exerted on the elevator by the cable.)

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Definitions:

Total Liabilities

The sum of all financial obligations (debts) owed by a company to external entities or individuals.

Bond Interest

The regular payments made to bondholders as compensation for the investment, typically expressed as a percentage of the principal.

Dividends

Disbursements issued to shareholders by a company, typically sourced from the firm's earnings.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders. The corporation itself can own assets, borrow money, sue or be sued.