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A cable is 100 m long,has a cross-sectional area of 1.0 mm2,and is made of a material having a Young's modulus of 1.0 × 1011 N/m2.If a 1000-N force is applied to stretch the cable,how far does it stretch?
Maximum Profit
The highest possible financial gain that a firm can achieve in a given period, determined by optimizing production and sales while minimizing costs.
Efficient Scale
The level of production at which the average total cost of production is minimized, allowing a firm to achieve the optimal distribution of resources.
Excess Capacity
A situation where a firm's facilities can produce more than is necessary to meet the demand, often leading to underused resources.
Profit-Maximizing
The process or strategy by which a firm determines the price and output level that returns the greatest profit.
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