In Counter Flow Compared to Parallel Flow

question 24

Multiple Choice

In counter flow compared to parallel flow,

• A)LMTD is greater
• B)Less surface area is required for a given heat transfer rate
• C)Both (A) and (B)
• D)More surface area is required for a given heat transfer rate

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Definitions:

Diseconomies of Scale

This phenomenon occurs when a firm's production costs per unit increase as it produces more, due to inefficiencies that arise from scaling up operations.

Economic Profit

The economic result derived from subtracting a business's entire expenses, both explicit and implicit, from its total incoming funds.

Product Price

The amount of money required to purchase a good or service, determined by factors like production cost, market demand, and competition.

Optimal Output

The level of production at which a company can achieve the highest possible profit, balancing costs and revenues effectively.