Examlex
Twin I-beam axles allow each front wheel to absorb bumps and road irregularities independently, while providing sturdy, simple construction.
Output
The total amount of goods or services produced by a company or industry over a specific period.
Buyers
Individuals or entities that purchase goods or services for personal use, resale, or production.
Income Elasticity of Demand
A measure of how the quantity demanded of a good changes in response to a change in consumers' income.
Inferior Good
A type of good whose demand decreases as the income of consumers increases, contrasting with normal goods.
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