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Joey and Chandler are roommates. Joey loves sandwiches, but whenever Joey eats sandwiches, it makes him gassy. Joey's private marginal benefit from eating sandwiches is

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Joey and Chandler are roommates. Joey loves sandwiches, but whenever Joey eats sandwiches, it makes him gassy. Joey's private marginal benefit from eating sandwiches is MB=8-0.5Q. The marginal damage to Chandler per sandwich consumed by Joey is MD=2 (due to Joey's gas). The marginal cost of producing sandwiches is constant and equal to MC=2.5. Q4.1 Question 4.a) 4 Points Draw the PMB/SMB/PMC/SMC graph. Label axis, curves and relevant points

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