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3) The demand curve and supply curve for a good are given by Q = 100 - 5P and Q5 = 1.25P - 2.5. Suppose
3) The demand curve and supply curve for a good are given by Q = 100 - 5P and Q5 = 1.25P - 2.5. Suppose the production of this good generates a negative externality, where the external marginal cost is constant at $2. To achieve the socially optimal output level, the government wants to implement a quota. What size should the quota be
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