When You Are in the Way of a Fast-Moving Object

question 107

Multiple Choice

When you are in the way of a fast-moving object and can't get out of its way, you will suffer a smaller force of impact if you decrease its momentum over a

• A)long time.
• B)short time.
• C)long time OR short time (same way either way).

---

Definitions:

Scale Economies

Cost advantages that a business can achieve due to expansion in the scale of production, leading to a reduction in average costs.

Patents

Legal documents granting an inventor exclusive rights to manufacture, use, or sell an invention for a certain number of years.

Cournot Model

Oligopoly model in which firms produce a homogeneous good, each firm treats the output of its competitors as fixed, and all firms decide simultaneously how much to produce.

Output

Represents the quantity of goods or services produced within a given period by a firm, industry, or economy.