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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.
In addition to the absolute pass-through that uses incremental values (i.e., $2 cost shock causing $1 increase in price yields a 50% pass-through rate), some researchers use pass-through elasticity, where the ratio is calculated based on percentage change of price and cost (for example, with elasticity of 0.5, a 2% increase in cost yields a 1% increase in price).
Gear oil is a lubricant made specifically for transmissions, transfer cases, ... Some modern automatic transaxles (integrated transmission and differential) ...
The transmission fluid will quickly overheat, not to mention the repeated impacts on the stator clutch (next topic). Also, overheating transmission fluid causes it to lose viscosity and damage the transmission. Such abuse can in rare cases cause the torque converter to leak and eventually stop functioning due to lack of fluid.
Power steering fluid is a sub type of hydraulic fluid. Most are mineral oil or silicone based fluids, while some use automatic transmission fluid, made from synthetic base oil. [8] [9] Automatic transmissions use fluids for their lubrication, cooling and hydraulic properties for viscous couplings.
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