You Press a Stick That Has a Varying Cross-Sectional Area

question 52

Multiple Choice

You press a stick that has a varying cross-sectional area horizontally between the palms of your hands. The area of the stick pushing against your left palm is twice the area of the stick pushing against your right palm.
-The force on your left palm is __________ the force on your right palm.

• A)1/4
• B)1/2
• C)equal to
• D)2 times
• E)4 times

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Definitions:

World Price

The international market price of a good or service, influenced by global supply and demand factors.

Domestic Price

The price at which goods and services are sold within the internal market of a country.

Elasticities of Supply and Demand

A measure of how much the quantity supplied or demanded of a good responds to a change in price.

Gains From Trade

Gains from trade refer to the net benefits that countries or individuals obtain by selling what they produce and buying what they consume more efficiently through trade.