Examlex
A(n)___________________ transmission uses a mechanism of rings and clutches to bring rotating shafts and gears to the same speed before shifts occur.
Tapioca Pudding
A sweet dessert made from tapioca pearls, milk or cream, sugar, and often flavored with vanilla, coconut, or other ingredients.
Opportunity Cost
is the value of the best alternative that is forgone in making any choice or decision, representing the benefits an individual, investor, or business misses out on when choosing one alternative over another.
Explicit Cost
The direct, out-of-pocket expenses incurred by a company or individual, contrasting with implicit costs which represent opportunity costs.
Sunk Costs
Expenses that have already been incurred and cannot be recovered, which should not affect future financial decisions.
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