A Common Assumption in Most Stand-Alone PV System Installations Is

question 20

True/False

A common assumption in most stand-alone PV system installations is that the wiring from module to module and from the array modules to the combiner box is the same size as the wire leads that were installed on the PV modules by the manufacturer.

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Definitions:

Relative Price

The price of one good or service compared to another, usually indicating how much of one can be exchanged for the other.

Economic Outcome

The result of economic activities, often measured by metrics such as GDP growth, unemployment rates, and inflation.

Marginal Rate Of Technical Substitution

The rate at which one input can be reduced per additional unit of another input, while maintaining the same level of output.

Efficiency

The optimal use of resources to achieve the desired ends, minimizing waste and maximizing output.