How can a particle's position determine the amount of potential energy available to a
system?

It just can.

Explanation:

The FitnessGram Pacer Test is a multistage aerobic capacity test that progressively gets more difficult as it continues. The 20 meter pacer test will begin in 30 seconds. Line up at the start. The running speed starts slowly, but gets faster each minute after you hear this signal. A single lap should be completed each time you hear this sound. Remember to run in a straight line, and run as long as possible.

initial speed when it is dropped is 150 ft/s

now at the same moment the acceleration due to gravity is perpendicular to its velocity

so as we know that

now we have centripetal acceleration a = 32 ft/s^2 as its perpendicular to velocity

while tangential acceleration at the same moment will be zero

so

now radius of curvature is given as

so the radius of curvature just after it is dropped is 703.125 ft