The question is incomplete. The complete question is --
An aluminum rod is press fitted onto an aluminum collar. The collar has an inner radius of 1 cm and an outer radius of 2 cm. Given the rod has a diameter of 1.01 cm and the young's modulus of aluminum is 69 GPa, determine the following :
1. the interference value, i
2. the radial pressure at the interference of the collar and the rod
3. the maximum effective stress in the collar
4. if the yield strength of aluminium is 200 MPa and assume a safety factor of 1.5, will the aluminium collar break
Solution:
Given :
Inner radius of the collar = 1 cm
So, inner diameter,
= 2 cm
Outer radius of the collar = 12 cm
So, outer diameter,
= 4 cm
The aluminium rod diameter, d = 1.01 cm
Now, from the figure, we can see that there will be no interference and so the rod will easily insert inside the collar.
1. So, the interference , i =0
2. The radial pressure is also 0.
3. There will be no stress developed. So the maximum effective stress is 0
4. The collar will not break
Unlimited wants is an economic term that refers to humans’ insatiable appetite for things. We never get enough because there is always something else that we need or want. The term ‘unlimited wants’ is the side of human nature that wants an infinite number of things. However, the resources we have available to get these wants are limited.
There are two halves of scarcity that have plagued us ever since we first set foot on this Earth:
Limited resources.
Unlimited wants.
The Economics of Seinfeld says the following regarding the term:
“Unlimited wants essentially mean that people never get enough, that there is always something else that they would like to have.”
“When combined with limited resources, unlimited wants result in the fundamental problem of scarcity.”
Unlimited wants – limited resources
What we want and need has no limit, i.e., it is infinite. However, what we can afford is finite, i.e., it has a limit. This is a basic condition of human existence.
We are never completely satisfied with everything we consume. We consume a variety of goods and services, but they are never enough.
In other words, there is always something else that I, you, or anybody else would want or need.
The term applies to all socioeconomic groups. Low-income groups have limited resources, and their wants always exceed those resources. However, the same happens with middle-income and upper-income groups. They never feel they have enough.
The reason is a very simple one. Every income group’s resources are finite. However, unlimited want is a feature of every human.
Put simply; our wants and needs are infinite, but our wealth is not.
The economic problem – unlimited wants
‘The economic problem‘ is a term that economists use. It states that the finite resources of an economy are not enough to satisfy all our wants and needs. We also call it ‘the central economic problem‘ or ‘the basic economic problem.’
The main question we ask when considering ‘the economic problem’ is: “How do we satisfy unlimited wants with limited resources?”
As we cannot produce everything, we have to prioritize. We must decide what to produce, how to produce it, and how much to produce. We must also determine for whom to produce.
Human wants are constant and infinite, but the resources to satisfy them are finite. The resources cannot exceed the amount of human and natural resources available.
We produce things that we know people want, as long as we have the resources to make them. How strong or weak demand is determines how much we charge for those things. It also determines how much we produce (supply).
In other words, markets fores, i.e., the forces of supply and demand, in a free market economy, determine prices.
Wants vs. needs
Needs are things without which we cannot survive. Wants are things we desire. However, we can survive without those wants.
Food, water, and housing, for example, are needs. Clothing is also a need. Without food or water, we would die. We would probably die too without housing. In cold countries, we would not survive without clothing.
A nice car, smartphone, and vacation by the beach are wants. If I don’t have a nice car, I will still live. If I don’t go to Cancun for my winter break, I won’t die. However, I want these things.
Fundamental needs are key in the function of the economy. Wants, however, are the driving forces that stimulate demand for things, i.e., demand for goods and services.
We can say either ‘unlimited wants’ or ‘unlimited wants and needs.’
Answer:
<em>Technician B says that a ratchet is used to loosen fasteners that are very tight.</em>
Explanation:
A ratchet is a common wrench device with a fastener component. A ratchet wrench is an essential tool that is used to fasten or loosen nuts and bolts.
Answer / Explanation:
On the basis of the test result, Ultimate strength which is mostly known as the ultimate tensile strength is the strength attached to the ability or capacity of a structural element or material used in the test to withstand elongation forces or pull force applied to it.
WHILE,
True stress at fracture can be classified as stress or load associated to the point where yielding or fracture occurred divided by the cross-sectional area at the yield point.
Answer:
Rotary engine was early known by the name of internal combustion engine. It convert heat from a high pressure of combustion. The main advantage of rotary engine is that it can be operate with less number of vibration. It works on the principle of converting pressure into rotating motion. In rotary engine the expansion pressure is applied on the flank rotor.