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The pressure P acting at a point in a liquid is directly proportional to the distance d from the surface of the liquid to the point. Express P as a function of d by means of a formula that involves a constant of proportionality k. In a certain oil tank, the pressure at a depth of 8 feet is 472. Find the value of k.
Normal Goods
Goods for which demand increases as consumer income rises.
Decrease in Income
A reduction in the amount of money received by an individual or entity, typically measured over a particular period of time.
Market Quantity Supplied
The total amount of a specific good or service that is available to consumers in a market at a given price and time.
Sellers Bid
The price at which sellers are willing to sell a good or service, often in the context of an auction or market with direct seller-buyer interactions.
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