Refer to Appendix Table 24 in Your Textbook

question 15

Multiple Choice

Refer to Appendix Table 24 in your textbook. In a sliding fit with a 32mm basic diameter, the maximum hole size would be ____.

• A) 32.000
• B) 32.021
• C) 31.993
• D) 31.980

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Definitions:

Non-price Factors

Variables other than price that affect the demand and supply of goods and services, such as consumer preferences, income, and technology.

Price Ceiling

A legal maximum price that can be charged for a good or service, intended to protect consumers from high prices.

Quantity Supplied

Quantity supplied refers to the total amount of a good or service that producers are willing and able to sell at a given price over a specific time period.

Price Ceiling

A legal maximum price that can be charged for a good or service, set by government regulation.