One End of a Rope Is Pulled with 100 N

question 56

Multiple Choice

One end of a rope is pulled with 100 N, while the opposite end also is pulled with 100 N. The tension in the rope is

• A)0 N.
• B)50 N.
• C)100 N.
• D)200 N.

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Definitions:

Long Run

The long run is a period in which all factors of production and costs are variable, allowing for complete adjustment to changes.

Short Run

A period of time during which at least one of a firm's inputs is fixed, limiting its ability to adjust to changes in market demand or supply.

Many Firms

A situation in a market where numerous firms compete against each other to sell their products or services.

Perfect Competition

A market structure characterized by a large number of buyers and sellers, homogeneous products, and easy entry and exit, leading to price-taking behavior.