Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Microeconomics Expert

Consider a market where demand is P=10-2Q and supply is p=Q/2. There is a consumption positive externality of $2.5/unit of consumption.

a. What is the social optimum quantity and price?
b. If the government uses a tax to get producers to internalize their externality, what is the net price received by producers?
c. find out the total surplus in the market equilibrium, at the social optimum and with the tax.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M940241

Have any Question? 


Related Questions in Microeconomics

Case analysis instructionsnoteyou will need to get approval

Case Analysis Instructions NOTE: YOU WILL NEED TO GET APPROVAL FOR THE CASE YOU WISH TO ANALYZE. YOU ARE TO UPLOAD INFORMATION ON YOUR PROPOSED CASE TO THE "SUBMISSIONS" FOLDER ON THE COURSE HOMEPAGE BY SUNDAY, SEPTEMBER ...

Course projectthis course project is designed for you to

Course project This course project is designed for you to learn more about the lodging industry while having some fun at the same time. Your assignment is to design and to develop your own hotel. The following criteria n ...

Research topicthis assignment is the first step towards

Research Topic This assignment is the first step towards completing your research paper. For this submission, you will need to find a topic of interest related to race and ethnicity, social change, or both. You may come ...

Economics assignmentassignment is due tomorrow sunday

Economics assignment ASSIGNMENT IS DUE TOMORROW SUNDAY 09/18/16 AT 10AM APA NEEDED FOR TOM MUTUNGA ONLYYYYYYYYYYYYYYY Option Identify at least two professional organizations in your chosen field. Research the organizatio ...

Economics assignmentactivity 1 - the budget constraintgraph

Economics Assignment Activity 1 - The Budget Constraint Graph an example of a budget constraint (or the consumption choice opportunity frontier) for the purchase of two different goods or services. State the budget in th ...

Discussion 1long-term investment and cost-benefit analysis

Discussion 1 "Long-Term Investment and Cost-Benefit Analysis" Please respond to the following: · From the scenario for Katrina's Candies, suggest one method in which Herb could use a cost-benefit analysis to argue for or ...

Microeconomics assignmentshort and long runlets assume that

Microeconomics Assignment Short and Long Run Let's assume that you own a fast food restaurant and you are faced with many customers each day eating in the restaurant without any tables. Describe the difference between th ...

Assignmentuse the globaledge website to complete the

Assignment Use the globalEDGE website to complete the following exercises: • The World Trade Organization maintains a database of regional trade agreements. You can search this database to identify all agreements that a ...

Problem assignmentmicrosoft word - sio 20 problem

Problem Assignment Microsoft Word - SIO 20 Problem Assignment 4_2016.docx 1. Describe the life-cycle of a frontal cyclone (also called "wave cyclone" or "midlatitude cyclone"). Draw a diagram if that helps. 2. Describe t ...

1 black-scholes pde show that the black-scholes price for a

1. Black-Scholes PDE: Show that the Black-Scholes price for a European Put with strike K and expiration T P(t; S t ) = Ke -r(T- t) Φ(-d 2 (T - t, S t )) - S t Φ(-d 1 (T - t, S t )), where d 1 (T - t, S t ) = (log{S t /K} ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate