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Exhibit: Simultaneous Shifts in Demand and Supply
-(Exhibit: Simultaneous Shifts in Demand and Supply) D1 and S1 are original supply and demand curves, and S2 and D2 are new curves. In this market for a normal good:
Industry Standard
A consensus of best practices, products, or technical specifications adopted as a benchmark in various industries.
Pneumatic ABS
An Anti-lock Braking System (ABS) using pressurized air to prevent wheel lockup during braking, typically in heavy vehicles.
FMVSS 121 Redundancy
Specific redundancy requirements set by Federal Motor Vehicle Safety Standard 121, concerning air brake systems in heavy-duty vehicles to ensure safety even in case of a failure.
100-tooth ABS Reluctor
A ring with 100 teeth used in an Anti-lock Braking System (ABS) to provide the ABS sensor with wheel speed information.
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