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What Does the Demand Side of the Pricing Equation Focus

question 11

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What does the demand side of the pricing equation focus on?


Definitions:

Fieldbus Communication System

A network system for industrial control systems used to connect and communicate with field devices like sensors and actuators.

Daisy-Chain Topology

A network configuration where each device is connected in series to the next, forming a linear chain for communication or power distribution.

Data Communication

The exchange of data between two or more devices via any form of transmission medium.

Field Device

An equipment or sensor located in the operational environment, directly interacting with the physical process.

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