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The torque caused by a force F applied at a distance r from the axis of rotation, is given by , where q is the angle between
and
.If the magnitudes r and F remain the same, what other angle q¢ will produce the same torque as was produced at angle q if q was less than 90 ?
Elasticities
Indicators that show the sensitivity of the demand or supply of a product to variations in its price, income levels, or other relevant elements.
Elasticity of Demand
A measure of how much the quantity demanded of a good or service changes in response to a change in its price.
Determinant
A factor or element that causes change in an outcome or condition, often used in reference to variables that affect economic indicators.
Cross Elasticity
A measure of how the quantity demanded of one good responds to a change in the price of another good.
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