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PLS EXPLAIN STEP BY STEP AND PLS SHOW GRAPH THANKS IN ADVANCE. 2 Thelma and Louise are neighbors. During the vvinter: it is impossible for

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PLS EXPLAIN STEP BY STEP AND PLS SHOW GRAPH THANKS IN ADVANCE.

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2 Thelma and Louise are neighbors. During the vvinter: it is impossible for a snowplow to clear the street in front of Thelma s house without clearing the front of Louise' s. Thelma's marginal benefit from snowplowing services is 50 5Z: where Z is the number of times the street is plowed. Louise's marginal benefit is 30 3Z_ The (constant) marginal cost of gettmg the street plowed is R-M32_ Sketch the aggregate marginal benefit curve and the marginal cost curve: calculate the efficient number of plows: and identify the efficient point in your graph. Aggregate How much money (total) would the government need to collect from Thelma and Louise to ftlly finance the efficient number of plows? do you think the most way of deciding how much each must pay? z

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