Examlex
The price-recovery component of a change in operating income from one year to the next measures the increase in operating income from selling more units of the product.
Purchasing Power
The ability of an individual or group to buy goods and services with their income.
Internet of Things
A network of interconnected devices, machinery, and systems designed to collect, exchange, and analyse data, enhancing automation and efficiency.
Smart-Home Devices
Electronic devices that can be controlled remotely providing convenience, such as lighting, thermostats, and security systems.
Temperature
A physical quantity expressing hot and cold, measured with a thermometer and quantitatively determined by the average kinetic energy of the molecules.
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