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In economics, cost pass-through (also known as price transmission [1] or simply pass-through [2]) is a process (or result) of a business changing pricing of its output (products or services) to reflect a change in costs of its own input (materials, labor, etc.). [3]
Asymmetric price transmission (sometimes abbreviated as APT and informally called "rockets and feathers" , also known as asymmetric cost pass-through) refers to pricing phenomenon occurring when downstream prices react in a different manner to upstream price changes, depending on the characteristics of upstream prices or changes in those prices.
Transmission internals for a 2009 Volkswagen Golf. A transmission (also called a gearbox) is a mechanical device which uses a gear set—two or more gears working together—to change the speed, direction of rotation, or torque multiplication/reduction in a machine. [1] [2]
A reconductoring project in southeastern Texas upgraded 240 miles of transmission lines at a cost of $900,000 per mile, versus a 3,600-mile greenfield project that averaged $1.9 million per mile. [33]
In electric power transmission, wheeling is the transmission of power from one system to another through the third-party interconnecting network. [1] [2] [3] The wheeling provider, or utility, receives compensation for the service and for electricity losses incurred in the transmission.
A direct-shift gearbox (DSG, German: Direktschaltgetriebe [1]) [2] [3] is an electronically controlled, dual-clutch, [2] multiple-shaft, automatic gearbox, in either a transaxle or traditional transmission layout (depending on engine/drive configuration), with automated clutch operation, and with fully-automatic [2] or semi-manual gear selection.
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