-According to the Above Table, at a Price of $16

question 45

Multiple Choice

-According to the above table, at a price of $16 per earbud, there is

• A) an equilibrium.
• B) a surplus of 3000 earbuds.
• C) a shortage of 3000 earbuds.
• D) a shortage of 1500 earbuds.

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Definitions:

Normally Closed

A term used to describe a switch or contact configuration where the default state is making contact (closed), allowing current flow until actuated to open.

Stop Buttons

Manual control devices used to halt machine operations or processes, typically as a safety or emergency measure.

PLC

Stands for Programmable Logic Controller, a digital computer used for automation of electromechanical processes, such as control of machinery on factory assembly lines.

CPU

The Central Processing Unit, which is the primary component of a computer responsible for interpreting and executing most of the commands from a computer's other hardware and software.