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The figure shows a simplified model of the first Ferris wheel. The radius of the first Ferris wheel was 125 feet, and the distance from the ground to the bottom of the wheel was 14 feet. If is the central angle formed as a rider moves from position
to position
, find the rider's height above the ground h when
is
.
Round the answer to the nearest whole number.
Incumbent Firm
An established company that holds a dominant position in a particular market or industry.
New Firms
New firms are companies that have recently entered a market, bringing fresh competition and innovation to the industry.
Deadweight Loss
A loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or is not achievable.
Monopolistic Competition
describes a market structure where many firms sell products that are similar but not identical, leading to competition.
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