What Are Electronic Payments? How Do They Reduce Transaction Costs

question 26

Essay

What are electronic payments? how do they reduce transaction costs? by how much?

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Definitions:

Rated Horsepower

The official power output of an engine or motor as certified by the manufacturer, indicating the maximum continuous power output it can provide.

Nameplate Rating

The official specifications provided by manufacturers that detail the operating conditions and capabilities of an equipment.

Full-load Horsepower

The amount of power generated by an engine or motor when operating at its maximum permissible load.

Three-phase Induction Motors

These motors operate on three-phase AC power and are widely used in industrial applications due to their robustness, efficiency, and reliability.