Posted: March 2nd, 2020

Market Equilibrium Assignment | Homework For You

Assume that on the market for laptop computer, the demand curve is Q=100-P. The market present curve (private worth) is Q=P-10. The manufacturing course of causes air air pollution that creates a per unit exterior harm equal to zero.5Q.

  1. Calculate the market equilibrium (price and quantity), consumer, producer and society surplus assuming that the businesses ignore the outside hurt attributable to their manufacturing.
  2. The federal authorities is fascinating to achieve the optimum quantity to the society. Present a solution that may maximize the welfare. Calculate the model new consumer, producer and monetary system welfare.

Help your reply (every for a and b) with demand and supply curve. Economics homework help

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