A Block Attached to a Spring Oscillates in Simple Harmonic

question 61

Multiple Choice

A block attached to a spring oscillates in simple harmonic motion along the x axis. The limits of its motion are x = 10 cm and x = 50 cm and it goes from one of these extremes to the other in 0.25 s. Its amplitude and frequency are:

• A) 40 cm, 2 Hz
• B) 20 cm, 4 Hz
• C) 40 cm, 1 Hz
• D) 25 cm, 4 Hz
• E) 20 cm, 2 Hz

Understand the concept of Arrow's impossibility theorem and its implications for social choice theory.

Recognize examples of common biases and errors in judgment and decision-making.

Understand the principles and outcomes of the ultimatum game in behavioral economics.

Explain the concept of asymmetric information and how it leads to problems like moral hazard and adverse selection.

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Definitions:

Promissory Estoppel

A legal principle that prevents a party from reneging on a promise, even in the absence of a formal contract, if the other party has relied on that promise to their detriment.

Partial Performance

The situation where a party to a contract completes some but not all tasks or obligations agreed upon, often debated in legal disputes regarding contract enforcement and compensation.

Prenuptial Agreement

An agreement two parties enter into before marriage that clearly states the ownership rights each party enjoys in the other party’s property. To be enforceable, it must be in writing.

Statute Of Frauds

A legal principle requiring certain contracts to be in writing and signed by the parties involved to be enforceable.