6. Price Ceiling Suppose that, to benefit consumers, the government imposes a price ceiling on milk. Use two Supply-and-demand diagrams to show that this policy may or may not yield a net increase in consumers' welfare. Pnue

Total Total Total Product Fixed Variable (Blankets) Cost Cost 0 A 0 1 60 25 2 60 40 3 60 I 4 60 55 5 60 55 6 60 70 7 60 100 8 60 145 A What is the numerical value of B? A/ What is the numerical value of C? A/ Total Cost What is the numerical value of D? B 85 100 110 G 115 130 160 205 Average Average Average Variable Total Fixed Cost Cost cost - с 60 30 20 15 12 8.6 7.5 25 20 16.7 13.8 Ꭰ 11.7 14.3 18.1 E The table describes the short-run daily costs of the Baby Blanket Company. What is the numerical value of A? 85 36.7 28.8 J 21.7 22.9 25.6 Marginal Cost F H 15 10 0 15 30 45

What is an Economist

please graph!

Suppose demand is Qp =9-P and supply is Qs =P. There is a constant positive externality of $3 per unit (marginal external benefit, MEB = $3). Find the market equilibrium quantity and the socially optimal quantity. The market equilibrium quantity is (Round your answer to one decimal place.) The socially optimal quantity is (Round your answer to one decimal place.)

May I have a better diagram for this question pleas and thank you!