A Principal Disadvantage of Resistance Welding Operations Is That They

question 43

Multiple Choice

A principal disadvantage of resistance welding operations is that they

• A)are limited to sheet metal applications
• B)require higher temperatures than conventional welding
• C)require an inerting agent
• D)require personal protective equipment

---

Definitions:

Marginal Revenue Curve

The marginal revenue curve represents the change in total revenue that results from selling one more unit of a product.

Crude Oil Production

The process of extracting oil from underground reservoirs and preparing it for refining into usable products such as gasoline, diesel, and other petrochemicals.

Effective Collusion

coordination between competing firms to control prices or market shares in a way that benefits the entities involved, often at the expense of fair market competition.

Oligopolistic Collusion

When a few firms in an oligopoly market secretly agree to fix prices, limit production, or divide markets among themselves to reduce competition and increase profits.