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While discussing hydraulic systems: Technician A says the use of a larger input piston gives the system a mechanical advantage or increase in the force available to do work.
Technician B says the multiplication of force through a hydraulic system is directly proportional to the difference in the piston sizes throughout the system.
Who is correct?
Demand Curve
An illustrated chart that displays the connection between a product's price and the amount consumers are willing to buy at those price levels.
Individual Demand
The amount of a product or service that a single consumer is willing and able to purchase at various prices, holding all else constant.
Society Demand
This refers to the total demand for various goods and services by all members of a society or community, often influenced by factors like price, income levels, and societal norms.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be consumed by one individual without reducing availability to others and without a direct cost.
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