Examlex
The difference between a DC and an AC generator is that
Efficient Economy
An economic system where resources are allocated optimally to meet the needs and wants of its participants, minimizing waste.
Consumer Demand
The desire of purchasers, consumers, or buyers for products or services which they are willing and able to buy.
Efficient Market
A market in which prices fully reflect available information and adjust quickly to new data.
Opportunity Costs
The cost of foregoing the next best alternative when making a decision or choice.
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