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John Has Invented a Device to Monitor the Tire Pressure

question 60

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John has invented a device to monitor the tire pressure on bicycle tires.This device consists of a tire pressure sensor on the tire with a radio transmitter and a receiver mounted on the handlebars to give a readout of the pressure.The radio transmitter is similar to existing designs,but one has never been used in this way.The product cannot be produced for less than $120,but John's preliminary marketing studies indicate that the product could not be sold for more than $25.Which of the following is true?


Definitions:

Subscription-based Plans

Subscription-based plans are payment models where users pay a recurring fee, usually monthly or annually, to access a product or service.

Robust Communications

Communications systems or methods that are reliable, error-resistant, and capable of operating under varying conditions.

Skype

A telecommunications application that provides video chat and voice call services, allowing users to communicate over the internet.

High-definition Videoconferencing

A method of conducting meetings or conversations remotely with high-resolution video quality.

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