In the following figure, the first panel shows a market situation prior to regulation and the second panel shows the effects of regulation.Figure 14.2
In the figure,
D: Demand curve for automobiles
S1: Supply curve of automobiles prior to regulation
S2: Supply curve of automobiles after regulation
FG: Clean up cost per unit
-According to Figure 14.2, the total clean up cost after the regulation is the:
Definitions:
Scan
The process in which a PLC systematically checks its input conditions and updates its outputs accordingly, forming one cycle of its operation.
Direction
A term that specifies orientation or course of motion; in technical contexts, it often relates to the flow of data, operations, or movements in systems and machinery.
Ladder Logic
A graphical programming language used in programmable logic controllers (PLCs) that represents electrical control circuits with rungs of logic operations.
Rungs
The horizontal lines found in ladder logic diagrams representing electrical circuits, where each rung signifies a unique control element or condition.
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