A shift from S1 to S2 reflects the change that happens when a negative externality is taken into account. A shift from D1 to D2 reflects the change that happens when a positive externality is taken into account.
-Refer to the above figures. A positive externality exists that has not been corrected. Price and quantity will be
Definitions:
Incomplete Construction
A phrase or sentence that lacks necessary components, making it grammatically incorrect or unclear.
Faulty Parallelisms
Errors in the construction of sentences where parts that should be grammatically parallel or balanced are mismatched, leading to awkwardness or confusion.
Dependent Clause
A collection of words that includes a subject and a verb, yet fails to convey a full idea and is unable to function independently as a sentence.
Transitional Word
A word or phrase used to link sentences, paragraphs, or sections of a text, aiding in the smooth flow and coherence of the written material.
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