Two Vector Quantities,whose Directions Can Be Altered at Will,can Have

question 13

Multiple Choice

Two vector quantities,whose directions can be altered at will,can have a resultant of any magnitude between the limits 0 and 200.The magnitude of each vector quantity must therefore be

• A)between 0 and 80.
• B)between 120 and 200.
• C)less than 100.
• D)exactly 100.
• E)more than 100.

---

Definitions:

Output

The total amount of goods or services produced by a company, industry, or economy within a particular period.

Economic Profit

The difference between total revenue and total economic costs (including both explicit and implicit costs), reflecting the true economic performance of a company.

Purely Competitive

An economic model where numerous small businesses operate, offering identical products, with unrestricted market entry and exit, and complete transparency of information.

Short Run

A period in which at least one input in the production process is fixed and cannot be varied to influence output.