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A related but different everyday usage occurs in the sentence "He makes a lot of money." This refers to a variable that economists call income. Unlike the usages mentioned above, this one has the units "dollars, or another currency, per unit of time", where the unit of time might be a week, month, or year, making it a flow variable.
Fixed are one time investments like machines, tools and working consists of liquid cash or money in hand and raw material. The classical economists also employed the word "capital" in reference to money. Money, however, was not considered to be a factor of production in the sense of capital stock since it is not used to directly produce any ...
Water is an inorganic compound with the chemical formula H 2 O.It is a transparent, tasteless, odorless, [c] and nearly colorless chemical substance.It is the main constituent of Earth's hydrosphere and the fluids of all known living organisms (in which it acts as a solvent [20]).
A liquid is a nearly incompressible fluid that conforms to the shape of its container but retains a nearly constant volume independent of pressure. It is one of the four fundamental states of matter (the others being solid, gas, and plasma), and is the only state with a definite volume but no fixed shape.
Mixing of liquids occurs frequently in process engineering. The nature of liquids to blend determines the equipment used. Single-phase blending tends to involve low-shear, high-flow mixers to cause liquid engulfment, while multi-phase mixing generally requires the use of high-shear, low-flow mixers to create droplets of one liquid in laminar, turbulent or transitional flow regimes, depending ...
The ability to return condensed steam as water-liquid to the boiler at high pressure with relatively little expenditure of pumping power is important. Condensation of steam to water often occurs at the low-pressure end of a steam turbine, since this maximizes the energy efficiency , but such wet-steam conditions must be limited to avoid ...
Casting is a manufacturing process in which a liquid material is usually poured into a mold, which contains a hollow cavity of the desired shape, and then allowed to solidify. The solidified part is also known as a casting, which is ejected or broken out of the mold to complete the process.
In materials science, liquefaction [1] is a process that generates a liquid from a solid or a gas [2] or that generates a non-liquid phase which behaves in accordance with fluid dynamics. [3] It occurs both naturally and artificially. As an example of the latter, a "major commercial application of liquefaction is the liquefaction of air to ...