Examlex
The SDAs typically
Optimal Level
The most efficient, effective, or desirable point or state for a specific objective or condition.
Shift
Movement of a supply or demand curve on a graph, indicating a change in equilibrium quantity and/or price in the market.
Subsidy
Financial support extended by the government to a sector, industry, or individual, intended to promote economic and social policy objectives.
Negative Externality
A cost imposed without compensation on third parties by the production or consumption of sellers or buyers. Example: A manufacturer dumps toxic chemicals into a river, killing fish prized by sports fishers. Also known as an external cost or a spillover cost.
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