Examlex
When three vectors, ,
, and
are placed head to tail, the vector sum
+
+
= 0. If the vectors all have the same magnitude, the angle between the directions of any two adjacent vectors is
Cars And Trucks
General categories of motor vehicles primarily used for transportation of people (cars) and goods (trucks).
Socially-Optimal Quantity
The level of production and consumption that achieves the largest possible economic efficiency, taking into account the external effects on society.
External Benefit
A benefit gained by individuals or firms not directly involved in a transaction, leading to positive side effects or spillovers.
Private Cost
The direct cost that producers or consumers incur through their actions, not including externalities.
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