In a Tug-Of-War, Each Man on a 5-Man Team Pulls

question 48

Multiple Choice

In a tug-of-war, each man on a 5-man team pulls with an average force of 500 N. What is the tension in the center of the rope?

• A)zero newtons
• B)100 N
• C)500 N
• D)2500 N
• E)5000 N

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Definitions:

Equilibrium Price

The point where the volume of goods being offered equals the volume of goods being sought in terms of price.

Demand

The amount of a product or service that buyers are ready and capable of buying at different price levels over a specific time.

Supply

The aggregate supply of a service or good ready for consumer purchase.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of the good that consumers are willing and able to purchase at various prices.