Securities markets can be divided into primary and secondary markets. When new securities created by the issuer are sold to the public usually with the involvement of an investment bank, the transactions take place in the

primary market

Explanation:

The primary market is where securities are first issued. E.g. a company's IPO represents a primary market, or when bonds are first issued.

Most trading occurs in secondary markets, i.e. they trade securities that have been already issued and are owned by investors that are willing to sell them. A single stock could theoretically be traded hundreds of times in the secondary market, but they can only be traded in the primary market once (when they are issued).

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

i would say their habit of breaking down.