While the Gondola Is Rising at a Speed of 5

question 78

Multiple Choice

While the gondola is rising at a speed of 5.0 m/s, a passenger in a balloon-supported gondola throws a small ball up at a speed of 2.0 m/s relative to his body. A person who measures the ball's velocity at the instant of release will find that the ball's velocity relative to the ground at that instant is

• A) 2.0 m/s, up.
• B) 2.8 m/s, down.
• C) 3.0 m/s, up.
• D) 5.0 m/s, up.
• E) 7.0 m/s, up.

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Definitions:

Scarce Resources

Limited natural, human, and capital resources that cannot satisfy all wants and needs.

Consumer Preferences

Describes the subjective tastes and preferences of individual consumers, influencing their purchasing decisions.

Marginal Benefit

The additional satisfaction or value a consumer gains from consuming one more unit of a good or service.

Purely Competitive

Describes a market structure where many small firms compete against each other, with no single entity able to control the market price.