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A Large Korean Car Manufacturer Has Just Built a New

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A large Korean car manufacturer has just built a new model car which it is going to sell in Canada.In Korea the car will be sold for the Canadian equivalent of $25 000.00 but to get into the market in Canada the car will be sold for $15 900.00 Canadian.In this case,the company has engaged in


Definitions:

Normally Closed

Normally closed is a term used to describe a configuration of an electrical or mechanical switch in which the default state of the switch is making contact, allowing current flow, until actuated.

Relay Contact

A relay contact is a switch operated by an electromagnet in a relay, used to open or close circuits electromechanically or electronically.

Control Relay Contacts

Components in a relay used to open or close an electrical circuit, thereby controlling the flow of electricity based on a control signal.

Contactors

Electrically controlled switches used for switching an electrical power circuit, similar to a relay but with higher current ratings.

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