The graph shows shows the demand and supply of a certain product MSC MPC MISE Pric 24 16 12 18 24 30 36 42 48 Quantity per period a In an unregulated market, what would be the equilibrium price and quantity Equilibrium price $ Equilibrium quantity b If this product were taxed by an amount equal to the external costs, what would be the equilibrium price and quantity Equilibrium price $ Equilibrium quantity c Alternatively, if buyers of this product were subsidized by on amount equal to the external benefits, what would be the equilibrium price and quantity Equilibrium price $ Equilibrium quantity d Finally, if this product were both taxed and subsidized by an amount equal to the external costs and benefits, what would be the equilibrium price and quantity Equilibrium price $ Equilibrium quantity

Question

The graph shows shows the demand and supply of a certain product MSC MPC MISE Pric 24 16 12 18 24 30 36 42 48 Quantity per period a  In an unregulated market, what would be the equilibrium price and quantity  Equilibrium price  $   Equilibrium quantity  b  If this product were taxed by an amount equal to the external costs, what would be the equilibrium price and quantity  Equilibrium price  $  Equilibrium quantity  c  Alternatively, if buyers of this product were subsidized by on amount equal to the external benefits, what would be the equilibrium price and quantity  Equilibrium price  $  Equilibrium quantity   d  Finally, if this product were both taxed and subsidized by an amount equal to the external costs and benefits, what would be the equilibrium price and quantity  Equilibrium price  $ Equilibrium quantity

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Question

The graph shows shows the demand and supply of a certain product MSC MPC MISE Pric 24 16 12 18 24 30 36 42 48

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