Examlex
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 above figures. Prior to the shift of the curves, which panel and which curve involve the existence of negative externality?
Direct Search Markets
Markets where buyers and sellers seek each other out directly without the intervention of intermediaries or centralized platforms.
Primary Market
The market where new securities are issued and sold for the first time, directly from the issuer to investors.
Computer Algorithms
Step-by-step procedural instructions used for data processing and automated reasoning, often utilized in trading and investment decision-making processes.
Preliminary Registration Statement
A document submitted by a company to securities authorities detailing a planned offering of securities, subject to change before it becomes final.
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