The Allen-Bradley SLC-500 Address O:3/0 Refers to an

question 79

Multiple Choice

The Allen-Bradley SLC-500 address O:3/0 refers to an

• A)input module in slot 3, terminal 0.
• B)output module in slot 3, terminal 0.
• C)input module in slot 0, terminal 3.
• D)output module in slot 0, terminal 3.

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Definitions:

Elastic

Describes a situation where the demand for a product or service significantly changes in response to a change in its price.

Price Elastic

Relating to the responsiveness of the demand or supply of a good or service to changes in its price.

Price Elasticity

A measure of the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level.