Public fountains are considered a public good (nonrival and nonexcludable). Suppose a town has 1000 habitants, which with an identical marginal benefit curve (MB)= 12 - 0.01q, with q in cubic meters. The Marginal Cost of fountains is given by MC = 6000 + 2q

a. Find the volume of fountains provided by the market (qM), assuming there is no cooperation between habitants.

b.What is Efficient provision of fountains in the town, q*?

c.What is the deadweight loss at the market equilibrium?