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Gemroad company, which is a construction companvr in Slovenia, is considering building a bridge across the 'v'rpava river. 111E bridge would cost 5 2 million

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Gemroad company, which is a construction companvr in Slovenia, is considering building a bridge across the 'v'rpava river. 111E bridge would cost 5 2 million to build and nothing to maintain [e.g., marginal cost is zero}. Below is the company foreca sted demand over the lifetime of the bridge: a. If the companv Gem road will build the bridge, and is interested in maximizing prot, what would be its price, output and profit? Would that be the efficient level of output? Explain b. If the government were to build the bridge, and delivers the socially efficient outcome, what price should it charge? Should the government build the bridge? Explain. Perform a welfare analvsis {with words + graph] in the case when the government builds the bridge

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