A Simple On/off Switch with One Input Terminal and One

question 2

Multiple Choice

A simple on/off switch with one input terminal and one output is a _____type switch.

• A)SPDT (single pole, double throw)
• B)SPST (single pole, single throw)
• C)DPDT (double pole, double throw)
• D)MPMT (multipole, multi throw)

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Definitions:

New Ventures

Businesses or projects initiated by entrepreneurs, often characterized by innovation, high risks, and high rewards.

Opportunity Costs

The cost of forgoing the next best alternative when making a decision, representing the benefits one could have received by taking an alternative action.

Sunk Costs

Expenses that have been spent and cannot be retrieved.

Cash Flow Estimation

This refers to the process of forecasting and evaluating the amount of cash that is expected to flow into and out of a business over a specific period.