Now, assume that society like to allocate the reserve efficiently across both periods. Resource Allocation, Part B: If the discount rate is Zero (0%), what should be the optimal allocation for the 2 periods? Q1 = barrels and Q2 = barrels (round answer to nearest barrels)Resource Allocation, Part C: Now assume the discount rate is 5.5%, what should be the optimal allocation for the 2 periods? Q1 = barrels and Q2 = barrels {round answer to nearest barrels) (Note: Q19 thru Q23 are part A ~ E of the same problem) Suppose the Marginal Benet and Marginal Cost for crude oil at any given period is MB: 3803QandMC= 28+ 1Q Where price is measured in dollars and quantity is measured in barrels. Assume the following: 0 The total oil reserve is 120 tons 0 There are 2 periods, 11 years apart 0 MB and MC are the same in both periods Resource Allocation, Part A: If the rst period is ONLY interested in maximizing its own welfare and no restriction is imposed, how much will each period end up consuming? (i.e. what is Q1 and Q2)? Q1 = barrels and Q2 2 barrels (round answer to nearest barrels)