A Meter Stick and a Two-Meter Stick Have the Same

question 9

Multiple Choice

A meter stick and a two-meter stick have the same thicknesses and density.They are both placed upright and balancing on one end.They are then disturbed slightly from this unstable equilibrium and fall to the floor.Which one hits the ground first?

• A)the meter stick
• B)the two meter stick
• C)They both hit the floor at about the same time.
• D)It depends how far the initial displacement is.

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Definitions:

Demand Curve

A graph depicting the relationship between the price of a good and the quantity of the good that consumers are willing to purchase at that price.

Monopsony

A market situation where there is only one buyer for a product or service, giving the buyer substantial control over the market price.

Collude

The act of cooperating or conspiring, especially in a secretive manner among firms, to limit competition or manipulate market prices.

Labor Supply Curve

A graphical representation showing the relationship between the wage rate and the quantity of labor workers are willing to offer at those wages.