Find tax per unit of output of gunk result in social optimum, Microeconomics

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Find tax per unit of output of gunk result in social optimum

Suppose the inverse demand curve for paper is p = 200 - Q. The private marginal cost is MCp = 80 + Q while the marginal harm to the rest of society from gunk is MCg = Q.

a) What is the unregulated competitive equilibrium?

b) What is the social optimum? What specific tax per unit of output of gunk results in the social optimum?

c) What is the unregulated monopoly equilibrium?

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Microeconomics: Find tax per unit of output of gunk result in social optimum

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Microeconomics: Find tax per unit of output of gunk result in social optimum

Reference No:- TGS053373

Have a Question? (oR Write a Review)

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Microeconomics: Find tax per unit of output of gunk result in social optimum

Reference No:- TGS053373

Recent Questions Asked Microeconomics

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Q : Cost of direct labor problem

Q : Explain making the union a take it or leave it offer

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