Examlex
The induction process in rotating machines produces AC, and if direct current (DC) is needed, it can be obtained from AC by using rectifiers.
Factors of Production
The inputs used to produce goods and services, typically classified into four main categories: land, labor, capital, and entrepreneurship.
Money
A medium of exchange that facilitates trade, serves as a unit of account, a store of value, and can be in the form of coins, notes, or electronic.
Comparative Advantage
The ability of an individual or country to produce a particular good or service at a lower opportunity cost than others.
Motorcycle
A two-wheeled vehicle powered by an engine, used for transportation and recreational purposes.
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