An Object Is Attached to a Vertical Spring and Bobs

question 35

Multiple Choice

An object is attached to a vertical spring and bobs up and down between points A and B.Where is the object located when its elastic potential energy is a maximum?

• A)at either A or B
• B)midway between A and B
• C)one-third of the way between A and B
• D)one-fourth of the way between A and B
• E)at none of the above points

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Definitions:

Marginal Product

The boost in production resulting from one more unit of input.

Total Product Curve

A graphical representation showing how the total quantity of output produced by a firm varies with the quantity of a variable input, keeping all other inputs constant.

Average Product

The output per unit of input, such as the quantity of goods produced per unit of labor.

Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase and may decrease.