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Most programmable logic controllers (PLCs) contain a timer that runs continually when the PLC is in the RUN mode. What is the function of this timer?
Decrease in Demand
A reduction in the quantity of a good or service that consumers are willing and able to purchase at various prices.
Drought in Georgia
A prolonged period of deficient rainfall resulting in water shortage in the state of Georgia.
Substitute Goods
Products or services that can be used in place of each other, where an increase in the price of one leads to an increase in demand for the other.
Demand Increase
A rise in the quantity of a good or service that consumers are willing and able to buy at each price level.
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