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Kindly solve the following questions Expand Resources Cy Give Up? Hint The Generator is a popular youth hostel in London located near Kings Cross. The

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Kindly solve the following questions

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Expand Resources Cy Give Up? Hint The Generator is a popular youth hostel in London located near Kings Cross. The hostel provides a bed, showers, and Market for Hostel Stays breakfast in their nightly fee. Suppose the quantity 100 Supply 8 8 demanded is 0 when the price is $90 per night and 90 when the price is $10 per night. Quantity supplied is 0 when the price is $10 and 100 when the price is $80. Demand a. In the accompanying diagram, use this information to place the supply and demand curves. Price per night b. In equilibrium, how many beds are rented? beds c. What is the total surplus?The graph below shows the marginal cost of abatement curve, which shows the extra cost to the firm of cleaning up an additional unit of pollution. When a pollution charge of $5 per unit emitted is imposed, how many units of pollution will the 100 firm choose to clean up? 90 Number MC of Abatement Units 70 60 S 50 When a pollution tax of $20 per unit emitted is imposed, how many units of pollution will the 40 firm choose to clean up? 30 Number 20 Units 10 10 20 30 40 50 60 70 80 90 100 Quantity (units of pollution cleaned)

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