A Jet Heads in the Direction N $30 ^ { \circ }$

question 71

Multiple Choice

A jet heads in the direction N $30 ^ { \circ }$ E at a speed of $400$ mi/h. If the jet experiences a $20$ mi/h crosswind flowing due east, find the true velocity w

• A) \(w = 200 \mathbf { i } + 420 \sqrt { 3 } \mathbf { j }\)
• B) \(w = 420 \mathbf { i } + 200 \sqrt { 3 } \mathbf { j }\)
• C) \(w = 200 \mathbf { i } + 220 \mathbf { j }\)
• D) \(w = 220 \mathbf { i } + 200 \sqrt { 3 } \mathbf { j }\)
• E)none

Understand the mechanisms through which world supply and demand determine world prices.

Analyze the impact of trade restrictions like tariffs and quotas on consumer surplus, producer surplus, and government revenue.

Explain the reasons for and against international specialization.

Understand the concept of economies of scale in the context of international trade and its implications for production costs and quantities.

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Subjected to financial charges or levies imposed by a government on income, transactions, or property.

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A legally sanctioned business model where two or more associates share both the responsibilities of managing the business and the profits derived from it.