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The dwarf planet Eris has a moon called Dysomia, which is much smaller in mass than Eris. If Dysomia has an orbital period of 16 days and orbits Eris at a distance of 40,000 km, then what is the mass of Eris?
Wage Rate
The amount of compensation that workers receive in exchange for their labor per unit of time.
Weak Axiom
A fundamental principle in consumer theory that if a consumer chooses bundle A over bundle B when both are affordable, then the consumer will not choose B over A if A's price decreases or B's price increases, all else being equal.
Profit Maximization
The process by which a firm determines the price and output level that returns the greatest profit.
Input Increases
A scenario in production or economics where the quantity of resources used in the production process is increased, potentially affecting outputs.
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