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x=142.551 how to calculate 2. There are ve people in a society. Their marginal benets from a public good are given below. :-=-:-::-:-:- WE-Ii- Emm-
x=142.551 how to calculate
2. There are ve people in a society. Their marginal benets from a public good are given below. :-=-:-::-:-:- \"WE-Ii- Emm- m m m X = [your CUHK student ID ll]. For example. ifyour SID is 115512345, then X =12345. In Twhat follows, your answer should he expressed in {round up to} three digits aer the decimal point {e.g.123.456}. {a} Suppose MC=25ll What is the socially optimal quantity of the public good? Explain your answer by calculation based on the ME and MC values above. You should rst calculate the relevant MB for all different quantities. and then identify the optimal quantity. [h] Calculate the ClarkeGroves tax for Person 5. You should also explain how you can arrive at your calculated result. You should rst calculate the relevant ME for all different quantities, and then explain how to calculate the tax. {c} Calculate the ClarkeGroves tax for Person 1. You should also explain how you can arrive at your calculated result. You should rst calculate the relevant ME for all different quantities. and then explain how to calculate the tax. [d] Calculate the ClarkeGroves tax for Person 2. You should also explain how you can arrive at your calculated result. You should rst calculate the relevant ME for all different quantities, and then explain how to calculate the taxStep by Step Solution
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