The Draft Associated with Forgings Is Found in the ____

question 80

Multiple Choice

The draft associated with forgings is found in the ____.

• A) machining
• B) dies
• C) castings
• D) both a and b
• E) none of the above

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Definitions:

Elastic

Describes a situation where the quantity demanded or supplied of a good or service is highly responsive to changes in its price.

Inelastic

Characterizes a situation where the demand for a product is not significantly affected by changes in price.

Elastic

Describes a situation in economics where the demand for a product or service significantly changes in response to a change in price.

Inelastic

A characteristic of goods or services for which demand does not significantly change with a change in price.