Examlex
The _______________ joint is at the wheel end of the drive shaft on a front wheel drive system.
Economies of Scale
Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.
Industry Domination
A scenario where one or a few companies control a significant share of the market, often leading to a reduction in competition.
Economies of Scale
The cost advantage achieved when production becomes efficient, leading to a decrease in the average costs per unit as output increases.
Technology Specialization
The focus of a company or industry on a specific technology niche, with the aim of achieving leadership and expertise in that area.
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