____________________ Switches Are Noncontact-Type Switches That Are Used to Sense

question 17

Short Answer

____________________ switches are noncontact-type switches that are used to sense the presence or absence of an object without actually contacting the object.

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Definitions:

Marginal Revenue

The change in total revenue that results from selling one additional unit of product.

Robinson-Patman Act

A United States federal law that prohibits anticompetitive practices by producers, specifically price discrimination.

Sellers

Individuals or entities that offer products or services for sale.

Price Elasticity

A measure of how much the demand for a product or service changes in response to a change in its price.