In the Figure Given Below, Which of the Following Is

question 14

Multiple Choice

In the figure given below, which of the following is true at the price ceiling, P?

• A) Excess quantity supplied equals 300 gallons.
• B) Excess quantity demanded equals 300 gallons.
• C) Excess quantity supplied equals 500 gallons.
• D) Excess quantity demanded equals 800 gallons.
• E) Quantity demanded will be equal to quantity supplied.

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Definitions:

Disconnect Switch

A Disconnect Switch is an electrical switch designed to completely cut off electrical power from part of a circuit or the entire system for safety or maintenance purposes.

Motor Starter Seal-In Contact

A contact in an electric motor starter circuit that maintains the circuit closed, keeping the motor running after the start button is released.

Programmed Contact

A virtual representation of a physical switch or condition used within PLC or relay logic to control the flow of a program.

Forcing Capability

Forcing capability refers to the ability within a control system, such as a PLC, to manually override the normal control logic to set an input or output to a specified state, useful for testing or emergency interventions.