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please answer 14 13 12 S -NW AUTO VOO 0 5 # 0 1 2 3 4 5 6 7 8 9 10 11 D

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14 13 12 S -NW AUTO VOO 0 5 # 0 1 2 3 4 5 6 7 8 9 10 11 D Answer the following questions and show your calculations, round your answer up to 3 decimals if needed. 1. Assume a 2$ tax imposed on the free market, calculate the deadweight loss. 2. Now assume instead of tax, a price ceiling of 4$ imposed on the free market. Calculate the consumer surplus with perfect inefficient rationing. 3. Now assume the government estimates there is a 2$ negative external cost per unit, find the total external cost in free market equilibrium. (You need to draw a SMC or SMB curve on the graph) 4. Assume the government imposed a policy to maximize the total surplus, with 2$ negative externality. What is the policy applied

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