Two Loops Carry Equal Currents I in the Same Direction

question 4

Multiple Choice

Two loops carry equal currents I in the same direction. The loops are held in the positions shown in the figure and are then released. Which one of the following statements correctly describes the subsequent behavior of the loops?

• A)Both loops move to the left.
• B)The loops remain in the positions shown.
• C)The top loop moves to the right; the bottom loop moves to the right.
• D)The loops repel each other.
• E)The loops attract each other.

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Definitions:

Warranties

Guarantees issued to the purchaser of a product by its manufacturer or seller, promising repair or replacement within a certain period if necessary.

Adverse Selection

A situation where there is an imbalance in information that results in high-risk parties being more likely to engage in transactions than low-risk parties, often observed in insurance markets.

Good Quality

The degree to which a product or service meets or exceeds customer expectations.

Moral Hazard

A situation where one party engages in risky behavior knowing that it is protected against the consequences, often due to asymmetric information.