The Basic Purpose of the Universal Joint Is to Allow

question 27

Multiple Choice

The basic purpose of the universal joint is to allow the _____.

• A) drive shaft length to change
• B) drive shaft to be supported at the middle
• C) drive angle between two parts of the drive train to change
• D) drive shaft to be removed and installed easily

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Definitions:

Constant-cost Industry

An industry where the costs of production, including inputs and technology, do not change as the total output of the industry changes.

Long-run Equilibrium

A state in which all aspects of an economy or market are balanced, and all adjustment processes have been completed over time.

Consumer Demand

The desire and ability of consumers to purchase goods and services at given prices within a specific time period.

Competitive Increasing-cost Industry

An industry in which the entry of new firms causes the prices of inputs to increase, affecting the cost of production for all firms.