Examlex

Solved

When Three Vectors Are Added Graphically and Form a Closed °\degree

question 69

Multiple Choice

When three vectors are added graphically and form a closed triangle,the largest enclosed angle between any two of the vectors cannot be greater than:


Definitions:

MR = MC Rule

An economic principle that states a firm will maximize its profit when its marginal revenue equals its marginal cost.

Additional Unit

Refers to the next unit of a good or service to be produced or consumed, often discussed in the context of marginal analyses, such as marginal cost or marginal utility.

MR = MC Rule

The MR=MC rule states that profit maximization occurs when a firm produces at a level where marginal revenue equals marginal cost.

Price Taker

A market participant that accepts market prices as given and cannot influence those prices.

Related Questions