2. The Partytown school district has long been controlled by the same political group, the INS. There is little chance of political competition in the near future. Thus Partyville is governed by a monopoly model of fiscal choice. The head of the school board, Mr. Big, is eager to maximize the school district budget. However, the school budget, if larger than the state minimum must be approved in a vote by the residents. If a proposed budget fails, the state minimum is the reversion amount. In Partytown all residents have the following MB curve for school quality units: MB 500 10 * Q All residents face a tax price of $100 per quality unit. a. What is the efficient level of quality units in the Partytown school district? b. The state minimum requires Q to be at least 20. What is the MB of residents at this level of Q? c. Relative to the efficient point what is the welfare loss residents would experience at the state minimum? d. Given Mr. Big's preference to maximize the school budget, what Q level will he propose and why?