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Choose the One Alternative That Best Completes the Statement or Answers

question 88

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-Two hikers on opposite sides of a canyon each stand precisely 525 meters above the canyon floor. They each sight a landmark on the canyon floor on a line directly between them. The angles of depression from each hiker to the landmark meter are 3737 ^ { \circ } and 2121 ^ { \circ } . How far apart are the hikers? Round your answer to the nearest whole meter.


Definitions:

External Economies

Benefits that a firm obtains due to the actions of others or external factors, leading to reduced costs.

External Economies of Scale

Cost advantages that a firm obtains due to the expansion of the industry in which it operates, but not due to its own expansion.

Industry Size

A measure of the total production or the total number of participants in a particular industry or market.

Short-Run Losses

Temporary financial deficits that a firm may face due to operating costs exceeding total revenue in the short term.

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