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When a switch is closed, completing an LR series circuit, the time needed for the current to reach one half its maximum value is ____ time constants.
Firm
A business organization, such as a corporation, partnership, or sole proprietorship, that sells goods or services.
Factor Markets
Markets where productive resources (like labor, land, and capital) are bought and sold.
Product Markets
Markets where final goods or services are bought and sold, as opposed to factor markets where raw materials, labor, and capital are traded.
Entrepreneur
A person who organizes, manages, and assumes the risks of a firm, taking a new idea or a new product and turning it into a successful business.
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