Grandfather Clocks Are Designed in a Way That the Weight

question 75

Multiple Choice

Grandfather clocks are designed in a way that the weight at the bottom of the pendulum can be moved up or down by turning a small screw. Suppose you have a grandfather clock at home that runs fast. Should you turn the adjusting screw so as to raise the weight or lower the weight?

• A)Raise it.
• B)Lower it.
• C)It doesn't matter if you raise or lower the weight, as long as you displace it by the right amount.
• D)It doesn't matter if you raise or lower the weight, as long as you displace it with the correct initial velocity.
• E)Raising or lowering the weight doesn't help, the screw is there so that you can add or take away weight.

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Definitions:

Maximize Utility

The process of allocating resources to get the highest possible satisfaction for an individual or a society.

Consumer's Budget Line

A graphical representation of all possible combinations of two goods that a consumer can purchase, given their income and the prices of the goods.

Price of A

The cost assigned to a specific product or service "A", determined by various factors like production costs, supply, and demand.

Price of B

The cost required to purchase good B or the amount a consumer is expected to pay for acquiring good B.