Examlex
The rotor of an induction motor must always turn sufficiently faster than the rotating magnetic field so that magnetic lines of flux will cut through the rotor bars and induce a voltage.
Output
The total amount of goods and services produced by an individual, firm, industry, or economy within a certain period.
Price
The amount of money exchanged for a unit of a good or service.
Short Run
This refers to a period in which at least one input or resource is fixed, while others can be varied to adjust output.
Minimizing Losses
A strategy or approach adopted by businesses or individuals aiming to reduce the amount of money lost in operations or investments.
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