Vector =

question 10

Multiple Choice

Vector = + . Under what condition is = + ?

• A)The statement is always true.
• B)Vectors and are in perpendicular directions.
• C)The statement is never true.
• D)Vectors and are in opposite directions.
• E)Vectors and are in the same direction.

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Definitions:

Capital Input

The resources used in the production process, including buildings, machinery, and equipment.

Labor Input

The total hours of work or number of workers employed in the production of goods and services.

MRTS

The Marginal Rate of Technical Substitution; the rate at which one input can be substituted for another input in the production process, while keeping the output level constant.

Rawlsian View

A philosophical approach to justice that emphasizes fairness and equality, proposing principles to structure society in a way that benefits the least advantaged members.