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Figure 8-2
Based on the accompanying figure, what happens to the three load contacts connected between the three phase power line and the motor after either START button is pressed?
Surplus
An amount of something left over when requirements have been met; in economics, it typically refers to excess supply over demand.
Shortage
A market condition whereby the request for a service or product goes beyond what is readily available.
Equilibrium Quantity
The quantity of goods or services supplied and demanded at the point where supply and demand curves intersect, resulting in market equilibrium.
Demand Schedules
A table that shows the quantity of a good that consumers are willing and able to purchase at various prices, holding all else constant.
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