All Real Engines Are Less Efficient Than the Carnot Engine

question 54

Multiple Choice

All real engines are less efficient than the Carnot engine because

• A) they do not operate through the Otto cycle.
• B) they do not operate through a reversible cycle.
• C) the working substance does not maintain a constant volume through the cycle.
• D) the working substance does not maintain a constant pressure through the cycle.
• E) the working substance does not maintain a constant temperature through the cycle.

Understand the differences between primary and secondary markets.

Comprehend the role and functions of investment banks in primary markets.

Recognize the distinction between stocks and bonds as long-term investment vehicles.

Differentiate between money markets and capital markets.

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