For the One Shot Program Shown, the ADD Function Is

question 15

Multiple Choice

For the one shot program shown, the ADD function is executed:

• A)only once per actuation of the limit switch.
• B)as long as the limit switch is closed.
• C)as long as the limit switch is opened.
• D)either b or c.

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Definitions:

Marginal Utility

The additional satisfaction or benefit gained from consuming one more unit of a good or service.

Consumption Bundle

A combination of goods and services that a consumer chooses to consume at a given time.

Budget Constraint

The limit on the consumption patterns of an individual or household based on their income and the prices of goods and services.

Feasible

Capable of being done or achieved; possible within a set of constraints or conditions.