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Solve the problem.
-An airplane is flying in the direction east of south at . Find the component form of the velocity of the airplane, assuming that the positive -axis represents due east and the positive -axis represents due north.
Marginal Product
The additional output resulting from the use of one more unit of a production factor, holding other factors constant.
Factor X
An unspecified or unknown factor that can influence outcomes in an economic model or analysis.
Production Function
A mathematical model that relates the amount of output produced to the quantities of various inputs or factors of production.
Isoquant
A curve that represents all combinations of inputs that produce the same level of output in production theory.
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