Find the Exact Value of the Expression If θ = $g ( \theta ) = \cos \theta \quad$

question 259

Multiple Choice

Find the exact value of the expression if θ = 30°. Do not use a calculator.
- $g ( \theta ) = \cos \theta \quad$ Find $g ( 2 \theta )$ .

• A) \(\frac { 1 } { 2 }\)
• B) \(\frac { \sqrt { 3 } } { 2 }\)
• C) \(\sqrt { 3 }\)
• D) 1

Differentiate between derived demands for labor and other types of resource demands.

Evaluate the effects of price changes on the demand for labor and other resources, considering the substitution and output effects.

Comprehend the role of marginal revenue product (MRP) and marginal resource cost (MRC) in resource hiring decisions.

Understand the implications of the law of diminishing returns on the MRP curve and hiring practices.

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Definitions:

Socialism

An economic system in which the government owns and operates basic industries but individuals own most businesses.