The Capacitive Proximity Sensor Has an Advantage Over the Inductive

question 13

True/False

The capacitive proximity sensor has an advantage over the inductive sensor in that it can detect both nonmetallic and metallic objects.

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Definitions:

Marginal Product

The additional output that is produced by using one more unit of a particular input, assuming all other inputs remain constant.

Implicit Costs

The opportunity costs that arise from using resources that a company already owns for production, instead of earning revenue from these resources elsewhere.

Explicit Costs

Explicit costs refer to direct payments made to others in the course of running a business, such as wages, rent, and materials.

Variable Cost

Costs that change in proportion to the level of output or production activity.