Beginning with the 2002 Model Year on the Lincoln LS

question 10

Multiple Choice

Beginning with the 2002 model year on the Lincoln LS and the Ford Thunderbird, Ford divided the GEM into two control modules. These modules are referred to as the:

• A) GEM and the BCM
• B) BCM and the ABCM
• C) FEM and the REM
• D) IPC and the MIC

---

Definitions:

Demand Curve

A visual chart illustrating how the quantity of a product that consumers want to buy varies with its price, usually showing a decline from left to right.

More Elastic

Describes a demand that is highly responsive to changes in price, where consumers are willing to buy significantly more or less of a product when its price changes.

Long-Run Equilibrium

A state in which all inputs in production can be adjusted, and there is no tendency for change in economic variables.

Average Total Cost

The per-unit cost of production, calculated by dividing the total cost of production by the number of units produced, including both fixed and variable costs.