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In addition to starting, stopping and controlling the speed of a motor, the controller may be required to respond to a number of conditions. List four examples of these conditions.
Tax Imposition
The act of placing a financial charge or levy upon a taxpayer by a governmental organization.
Buyers
Individuals or entities that purchase goods or services from sellers in exchange for money or other valuable considerations.
Sellers
Individuals or entities that offer goods or services for sale to potential buyers.
Deadweight Losses
Economic inefficiencies that occur when the market equilibrium is not achieved, often due to external interference such as taxes or monopolies, resulting in a loss of total surplus.
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