A Hydraulic Press Multiplies a Force by 100,which Is Compensated

question 106

Multiple Choice

A hydraulic press multiplies a force by 100,which is compensated by

• A)energy,which is divided by 100.
• B)the lesser distance through which the force acts.
• C)the time through which the force acts.
• D)the mechanism providing the force.
• E)none of the above

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Definitions:

Public Ownership

The ownership of assets by the government or state, as opposed to private sector ownership, often found in utilities, transportation, and certain industries.

Total Surplus

The total net gain for society from producing and consuming a good, encapsulated by the addition of consumer surplus and producer surplus.

Profit Maximization

The technique a firm applies to set the price and production level for the best profit return.

Price

The sum of money needed to buy a product, service, or asset.