Examlex
The primary coil of a transformer has 100 turns and its secondary coil has 400 turns.If the ac voltage applied to the primary coil is 120 V,what voltage is present in its secondary coil?
Households And Firms
The two primary actors in economic models where households provide labor and consume goods and services, while firms produce goods and services and hire labor.
Resources
Broadly refers to the inputs used to produce goods and services, including natural materials, human labor, capital, and technology.
Scarce
A situation in which available resources are limited in relation to the wants and needs of individuals or communities.
Participatory Planning
A process that involves all stakeholders in the decision-making process of planning, ensuring their views are considered.
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