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Coulomb's law: Three point charges are placed on the x-axis. A charge of +2.0 μC is placed at the origin, -2.0 μC to the right at x = 50 cm, and +4.0 μC at the 100 cm mark. What are the magnitude and direction of the electrostatic force that acts on the charge at the origin? (k = 1/4πε0 = 8.99 × 109 N ∙ m2/C2)
Induced Consumption
The portion of consumer spending that increases as disposable income rises, typically leading to more purchasing.
Disposable Income
The envelope of funds available to households for the purposes of saving and spending after adjusting for income taxes.
Consumption
The use of goods and services by households for personal needs or to maintain their standard of living.
Autonomous Consumption
Consumption spending that occurs even when income is zero, representing the basic level of consumption necessary for survival.
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