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A ballerina spins initially at 1.5 rev/s when her arms are extended. She then draws in her arms to her body and her moment of inertia becomes 0.88 kg ∙ m2, and her angular speed increases to 4.0 rev/s. What was her initial moment of inertia?
Maximize Profits
The process of making the most favorable decisions to achieve the highest possible earnings after expenses.
Conjectural Variation
An expectation of how rival firms will react to a change in the quantity and price of goods a firm markets.
Demand Function
A mathematical formula that describes the relationship between the quantity demanded of a good and its various determinants such as price, income, and substitute prices.
Cournot Equilibrium Price
A concept in economics where firms reach a state in which each firm chooses the quantity to produce to maximize its profit, given the quantities chosen by other firms in the market.
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