(Answered) Lindahl pricing - for a public firework show avas marginal

Management Studies

Lindahl Pricing - For a public firework show, Ava's marginal willingness to pay for firework is QA=100-100P. Jack's marginal willingness to pay for firework is QJ=100-100/3P.

a. Derive the aggregate demand curve.

b. If marginal cost of producing firework is $1, what is the optimal provision of firework.

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Business Management, Management Studies

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