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The substitution effect of a price increase causes a decrease in the quantity demanded of an inferior good.
Drive Pinion
The smaller gear in a gear set that transfers motion to the larger gear or gear rack, frequently used in steering systems and differentials.
Ring Gear
A large gear that interacts with the starter motor's pinion gear to start an engine or as part of the differential in vehicles to power the wheels.
Two-speed Axles
Axle configurations allowing a vehicle to switch between two gear ratios, optimizing performance and fuel efficiency.
Double-reduction
A gear arrangement in transmissions that uses two sets of gears to significantly reduce the input speed, providing increased torque.
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