The Equivalent Length of a Column Fixed at One End

question 4

Multiple Choice

The equivalent length of a column fixed at one end and free at the other end, is

• A)0.5L
• B)0.7L
• C)L
• D)2L

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Definitions:

Marginal Revenue Product

The additional revenue generated from the use of one more unit of a factor of production.

Wage Rate

The amount of compensation a worker receives per unit of time or per unit of output.

Total Product

The total output or quantity of goods and services produced by a firm or industry within a specific period.

Derived Demand

Demand for a factor of production or intermediate good that occurs as a result of the demand for another good or service.