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An assumption of the model of perfect competition is:
Done Bit
A status bit that indicates the completion of a task or instruction in programming, often used in PLCs.
Timing Bit
A specific bit in a digital system used to provide a timing signal or to time operations.
Error Signal
An error signal is a measurement in control systems that represents the difference between a desired setpoint and the actual output of the system, used to correct or adjust the system's performance.
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