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P MC social MC private $81 $25 $10 $15 O 10 1. Calculate the externality if the firm is subject to a Pigou tax. Do
P MC social MC private $81 $25 $10 $15 O 10 1. Calculate the externality if the firm is subject to a Pigou tax. Do not include a negative sign. 2. Calculate the social gain if the firm is subject to a Pigou tax. 3. Calculate the externality if the firm is not subject to a Pigou tax. Do not include a negative sign. 4. Calculate the social gain if the firm is not subject to a Pigou tax
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