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An aircraft pilot experiences weightlessness as she passes over the top of a loop-the-loop manoeuvre. If her speed is 200 m/s at the time, find the radius of the loop.
Private Good
a category of goods that are excludable and rival in consumption, meaning that access can be restricted and one person's consumption prevents another's.
Externalities
Economic side effects or consequences that affect uninvolved third parties; can be either positive or negative.
Economies of Scale
The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output.
Outdoor Pets
Domestic animals such as dogs and cats that are suitable for living outside in a safe environment.
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