You and a Friend Live 4 Miles Apart (On the Same

question 166

Multiple Choice

You and a friend live 4 miles apart (on the same "east-west" street) and are talking on the phone.You hear a clap of thunder from lightning in a storm, and 16 seconds later your friend hears the thunder.Find an equation that gives the possible places where the lightning could have occurred.(Assume that the coordinate system is measured in feet and that sound travels at 1100 feet per second.)
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Definitions:

Long-run Equilibrium

A state in which all firms in a market are making zero economic profit, leading to an optimal allocation of resources.

Competitive Price-searcher

A market participant who sets prices through active search and strategy, often in markets with some degree of product differentiation.

Product Diversity

The variation of products and services offered in a market to meet different customer needs and preferences.

Firms Exit

This occurs when businesses cease operations and leave a market, typically due to factors like unprofitability, competitive pressures, or changing market conditions.