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The velocity a planet of mass m with circular orbit is given by where vo in m/s is a constant, and is the angular velocity. Its position vector is
.The angular momentum of the planet about the center of the orbit is
Goods
Tangible products or commodities that satisfy human wants and provide utility.
Mental Accounting
The tendency people have to create separate “mental boxes” (or “accounts”) in which they deal with particular financial transactions in isolation rather than dealing with them as part of an overall decision-making process that would consider how to best allocate their limited budgets across all possible options by using the utility-maximizing rule.
Price Changes
Variations in the cost of goods and services over time, influenced by inflation, supply and demand, and market dynamics.
Risk Averse
A description of an individual or entity's preference for avoiding loss over making a gain, indicating a higher value placed on avoiding risk than on potential rewards.
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