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G11 econ question Use the following tables for questions 30-32. Quantity MSB=MPB MPC MSC 1 $60 $15 $45 2 55 25 55 3 50 35

G11 econ question

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Use the following tables for questions 30-32. Quantity MSB=MPB MPC MSC 1 $60 $15 $45 2 55 25 55 3 50 35 65 4 45 45 75 5 40 55 85 6 35 65 95 7 30 75 105 Tradable Pollution Permit Scenarios Firm's endowment of Permits Market Price per Permit Scenario A 1 permit $40 Scenario B 2 permits 30 Scenario C 3 permits 20 Scenario D 4 permits 10 For question 30, what is the profit-maximizing production level if there is no regulation? 0 5 O 4 0 6 0 7\fFor question 32, what permit scenario has the highest profit for the firm? O Scenario B O Scenario C O Scenario D O Scenario A

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