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When output is less than the efficient level, the amount consumers are willing to pay equals the cost of production. the cost of production is greater than the price consumers are willing to pay. the marginal cost of producing the good must be greater than the marginal benefit from the good.
What else can I help you with?
When comparing two light bulbs the more efficient bulb will produce less what?
The more efficient bulb will produce less heat than the less efficient bulb. This is because a higher proportion of the energy input is converted into light output rather than wasted as heat.
What is the input work if the output is 140 J?
The input work required depends on the efficiency of the system. If the system is 100% efficient, then the input work would also be 140 J. However, if the system is less than 100% efficient, then the input work would be higher than 140 J.
If the output force is less than the input force of a simple machine the mechanical advantage is less than one.?
True ~ LiL' Diablo
When is mechanical advantage less than 1?
Mechanical advantage is less than 1 when the output force is less than the input force. This means that the machine is not amplifying the force applied and is actually requiring more effort to move the object. Mechanical advantage less than 1 is often seen in situations where the machine is designed to increase distance or speed at the expense of force.
Are halide bulbs energy efficient?
Halide bulbs are generally more energy-efficient than incandescent bulbs, but less efficient than newer LED technology. They produce bright light with less energy consumption than incandescent bulbs but still have a relatively shorter lifespan.
When there are external benefits unregulated markets will tend to produce more than the efficient level of output Is this true or false?
false because it tend to produce less than the efficient level of output
When comparing two light bulbs the more efficient bulb will produce less what?
The more efficient bulb will produce less heat than the less efficient bulb. This is because a higher proportion of the energy input is converted into light output rather than wasted as heat.
Difference between natural frequency and resonance frequency?
In natural frequencies the output of the system will be less than the maximum level. In the resonance frequency the output of the system will be the maximum level.
How could you get output is more than input with an alternator?
You can't. In every engine, even an ideal engine, the output is less than the input. And every real-life engine loses energy to friction, heat, etc. So you'll always have an engine that's less than ideally efficient, and therefore putting out less than you put in.
Can a monopoly produce efficient output level?
A monopoly typically does not produce an efficient output level because it restricts production to maximize profits, leading to higher prices and reduced consumer surplus. Unlike competitive markets, where supply meets demand at a socially optimal point, monopolies create a deadweight loss by producing less than the quantity that would be socially efficient. Consequently, while a monopoly can achieve profit maximization, it often does so at the expense of overall economic efficiency.
How much energy is used by a transformer?
An efficient transformer will convert more than 99% of the input energy into output energy, therefore wasting less than 1%.
Why input current of USis less than Output current?
Why input current of USis less than Output current?
Do vehicles with diesel get more MPG or less than a vehicle that runs off gasoline?
For the same power output, diesels are generally more fuel efficient.
Why is the steam turbine generally more efficient than the piston-type steam engine?
less moving parts, each of which subtracts from total energy output
What is the impact of a monopoly on deadweight loss in a market?
A monopoly can lead to deadweight loss in a market because it restricts competition, allowing the monopolist to set higher prices and produce less than the efficient level of output. This results in a loss of consumer surplus and overall economic welfare.
Why is work output is always less than work output?
Work output is always less than work input because some work is lost to friction and heat which is created in the process of physics.
How do you calculate excess capacity in monopolistic competition?
Excess capacity in monopolistic competition is calculated by comparing the output level at which firms operate to the output level that would minimize average total costs (the efficient scale). In a monopolistically competitive market, firms typically produce less than this efficient scale, leading to excess capacity. This can be quantitatively assessed by determining the difference between the quantity produced at the profit-maximizing level (where marginal cost equals marginal revenue) and the quantity that would minimize average costs. The resulting difference indicates the excess capacity present in the market.
