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Two objects,m1 and m2,both of mass m,are place on a horizontal platform which is rotating at a constant angular velocity.m1 = m is located at a distance R from the axis of rotation and the second object of mass m2 = 2m is located at a distance 2R.The angular velocity of mass m1____ to the angular velocity of m2.
Price Rigidity
The phenomenon where prices of goods and services do not adjust immediately to changes in supply and demand conditions.
Product Differentiation
The method of differentiating a product or service to appeal more to a specific target audience.
Kinked-Demand Curve
A model in oligopoly markets where firms face a more elastic demand curve for price increases and a less elastic curve for price decreases.
Marginal Revenue Curve
A graphical representation showing the change in total revenue that results from selling one additional unit of a product or service.
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