Please answer the following questions with an explanation how you derived with your answers. Thanks for your assistance in advance.

Q6.

If there is a marginal externality generated by production of the good equal to MCE=2*q, what is the socially optimal price quantity pair?

Select one:

a. $20, 64

b. $32,12

c. $52,16

d. $52,32

e. $54,31

f. $64,24

g. $68,16

h. $76,8

i. $80,4

j. $84,64

Q7

What size-specific tax ? placed on producers can be used to replicate the socially optimal outcome?Please answer with a numerical number.

Answer:

dentify the areas of the graph that correspond to: 0 1 2 3 4 5 6 7 8 qm Qpc The deadweight loss of a monopoly Consumer Surplus under monopoly Consumer Surplus under perfect competition Total Social Welfare under perfect competition 91011 I Choose... - Choose... Choose... Choose