A Generator Containing Both Series and Shunt Fields Is Called

question 18

Multiple Choice

A generator containing both series and shunt fields is called a _____ generator.

• A) self excited
• B) separately excited
• C) complex
• D) compound

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Definitions:

Producer Surplus

The difference between the amount producers are willing to accept for a good or service and the actual amount they receive, due to market price.

Consumer Surplus

The contrast between the expected payment by consumers for a good or service and the actual price paid.

Market Supply

The total quantity of a good or service that producers are willing and able to sell at various prices during a given time period.

Market Demand

is the total amount of a product or service that consumers in a market are willing and able to purchase at different prices, during a certain time period.