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Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
AGT – (1) agitator, used in drilling. AGT – (2) authorised gas tester (certified by OPITTO) AGT – (3) Azerbaijan – Georgia – Turkey (a region rich in oil related activity) [3] AHBDF – along hole (depth) below Derrick floor. AHD – along hole depth. AHU – air handling unit. AICD – autonomous inflow control device.
Also gas pedal. A throttle in the form of a foot-operated pedal, or sometimes a hand-operated lever or paddle, by which the flow of fuel to the engine (and thereby the engine speed) is controlled, with depression of the pedal causing the vehicle to accelerate. admission stroke See induction stroke. aftermarket air brake 1. A type of brake in which the force that actuates the brake mechanism is ...
In macroeconomics, an industry is a branch of an economy that produces a closely related set of raw materials, goods, or services. [2] For example, one might refer to the wood industry or to the insurance industry. When evaluating a single group or company, its dominant source of revenue is typically used by industry classifications to classify ...
PostScript is a page description language run in an interpreter to generate an image. [ 6 ] It can handle graphics and has standard features of programming languages such as branching and looping. [ 6 ] PDF is a subset of PostScript, simplified to remove such control flow features, while graphics commands remain.
The Standard Industrial Classification (SIC) was a system for classifying industries by a four-digit code as a method of standardizing industry classification for statistical purposes across agencies. Established in the United States in 1937, it is used by government agencies to classify industry areas. Similar SIC systems are also used by ...
In industry and engineering, common conventions constitute a visual language and help to ensure that the drawing is precise, unambiguous and relatively easy to understand. Many of the symbols and principles of technical drawing are codified in an international standard called ISO 128.
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [ 1 ] into which S&P has categorized all major public companies.