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An auxiliary electric power station will serve three communities, A, B, and C, whose relative locations are shown in the accompanying figure. Determine where the power station should be located if the sum of the squares of the distances from each community to the site is minimized. Please round the answer to the nearest hundredth.
Negative Income Tax
A welfare system in which individuals earning below a certain income threshold receive supplemental pay from the government instead of paying taxes.
Labor Earnings
Income received by workers for their labor, including wages, salaries, bonuses, and other compensation.
Income Distribution
Income distribution describes how a nation’s total GDP is spread amongst its population, influencing the standard of living and economic inequalities.
Perfectly Equal Distribution
An ideal and theoretical state where all resources or income are distributed evenly among all members of a society.
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