Examlex
In computer controlled transmissions, which of the following is controlled electronically to direct hydraulic pressure to move the shift valves and activate the various clutches and bands within the transmission?
Fourth Worker
In the context of diminishing returns, it could refer to a point where adding an additional worker leads to a lesser increase in output.
Marginal Productivity
The extra output that a business gains by adding one more unit of input, such as labor or capital.
Income Distribution
The way in which a country’s total GDP is spread amongst its population, affecting economic equity and quality of life.
Value Added
The increase in the value of a product or service as it passes through each stage of production or supply chain.
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