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Below is given the plot of a vector field F in the xy-plane.(The z-component of F is 0.) By studying the plot, determine whether div F is positive, negative, or zero.
General Equilibrium
An economic state where supply and demand are balanced across all markets in the economy simultaneously.
Continuous Demand
Demand for a good or service that can be quantified at every level of production or price, without any gaps.
First Theorem of Welfare Economics
A principle stating that under certain conditions, a market in equilibrium will allocate resources efficiently in a way that maximizes total social welfare.
Competitive Equilibrium
A market state where supply equals demand, leaving no incentive for price changes as long as external conditions remain constant.
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