Vector Points North,and Vector Points East

question 48

Multiple Choice

Vector points north,and vector points east.If = - ,then vector points:

• A)north of east.
• B)south of east.
• C)north of west.
• D)south of west.

---

Definitions:

First Theorem of Welfare Economics

A principle stating that, under perfect competition and with no externalities, the allocation of resources where supply equals demand leads to a Pareto efficient outcome.

Competitive Equilibrium

A state in a market where supply equals demand, with price acting as the balancing factor, and all economic agents are optimizing their outcomes.

Pareto Optimum

An economic state where resources are allocated in a manner that precludes the possibility of bettering one's situation without causing harm to another.

Desert Island

An uninhabited or deserted island, often depicted in literature and movies as a remote, isolated place.