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Two loops carry equal currents I in the same direction. They are held in the positions shown in the figure and project above and below the plane of the paper. The point P lies exactly halfway between them on the line that joins their centers. The centers of the loops and the point P lie in the plane of the paper. Which one of the figures below shows the position of a compass needle if the compass were placed in the plane of the paper at P?
Quantity Demanded
The quantity demanded is the amount of a good or service that consumers are willing and able to purchase at a given price, holding all else constant.
Price
The amount of money required to purchase a good, service, or asset, often influenced by factors like supply and demand.
Demand Increase
A situation in which the desire for a product or service rises, leading to a higher quantity being demanded at a given price.
Demand Decrease
A reduction in the quantity of a good or service that consumers are willing and able to purchase at a given price.
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