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D Question 13 2 pts You work for Pistol Pete Natural Gas Co and there is 30 MMBtu worth of natural gas reserves available to
D Question 13 2 pts You work for Pistol Pete Natural Gas Co and there is 30 MMBtu worth of natural gas reserves available to use across both period 0 and period 1. Marginal cost of extracting the natural gas is zero. Market Demand is Q = 30 - 2P Suppose Pistol Pete Natural Gas Co was to set production equal in both period O and period 1 and that the current interest rate is 20%. Then total social welfare in Period 0 would be equal to |[ Select ] and total social welfare in period 1 would be |[ Select ] $/MMBtu $15 $10 $ 5 10 20 30 Q (MMBtu)
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