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Determine If the Vectors Are Orthogonal

question 61

Multiple Choice

Determine if the vectors are orthogonal. Determine if the vectors are orthogonal.   A)  orthogonal B)  not orthogonal


Definitions:

Marginal Cost

The extra expense resulting from the manufacture of an additional unit of a product or service.

Competitive Price-Taker

A market participant who cannot influence the price on the market but instead must accept the prevailing market price.

Marginal Revenue

The additional income earned from selling one more unit of a good or service.

Competitive Price-Taker

A market participant who accepts the prevailing market prices as given because they have no power to influence those prices due to intense competition.

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