Scenario 10-1 The demnd curve for ganoline slopes dowward and the supply curve for gasoline skopes uprard. The production of the 1,000 palon of ganeline entals the following a private cost of $3.10 a social cost of $3-55 . a value to consumers of $3-70 efer to Seenario 10-1 From the given information, it is apparent that a the production of gasoline involves anegative ptemaity, so the market will produce asmaler quanity of ganoline than is socially desiable O the production of gasoline imolves a positive externaliny, so the market will produce a maler quantity of ganoline than is socially desirable Ocoeproduction of gsolne invalves a positive externality, so the market will produce a larger quanoty of gaolne than is socially desiratie. O4 he production of gasoline inolves a negative etemalty, se the market wil produce a larger quartty of ganolne than is socialy desrable

500 450 The graph on the right may help in answering question 25 400 350 300 250 200 150 100 50 O 10 20 30 40 50 60 70 80 90 100 110 120 130 140 150 Quantity Demand MC Exter nality MC private MC Social A competitive tire manufacturing industry spews emissions into the air at47 per tire a marginal cost of 1.5-q, where q is the quantity of tires produced per month (in thousands). The industry marginal cost, excluding the cost of emissions (private marginal cost), is 4 + 4•q, expressed in $ per tire. The inverse demand curve for tires is p = 480 - 3-q, also expressed in $ per tire. In order to achieve the socially efficient level of tire production, which takes into account the optimal level of air pollution, the government levies a tax on the industry. What is the efficient pollution tax? $84 per tire $101 per tire $152 per tire Price

A corrective tax on pollution O a. sets the quantity of pollution. b. determines the demand for pollution rights. c. reduces the incentive for technological Innovations to further reduce pollution. d. sets the price of pollution.  Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.

Consider the supply and demand curves for taxi rides in the attached graph. At the equilibrium quantity of_____ Consumers marginal willingness to pay is______and the marginal cost of taxi rides is______per mile.

- My O 4 Schol 15909/quizzes/855329/take 1. Concepts & Price (5) OX₁ OS OX OD % Refer to Graph 3 below. Which curve represents the marginal private benefit? Graph 3 Help O Pa 5 A XX- 930 .C 40 6 C P 4 & 7 8 lyp MOX 4+ 8 Maket for the product of wwater polluting firm Quantity Chat 144 9 O htt C

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

D. What is Total Cost E. What is profit F. What is Socially optimum output

I need help with qusetion A, B and C

urco Use the chart below to answer the following question. The Socially Optimal Quantity of Pollution Select one: O a. $83 O b. $250 O c. $500 O d. $167 Marginal social cost, marginal social benefit $500 250 167 0 MSC MSB 83 125 Quantity of pollution The chart above shows the marginal social cost (MSC) and marginal social benefit (MSB) of pollution. Using the information provided in the figure, we can conclude the optimal Pigouvian tax per unit of pollution is:

Use the diagram below to answer the next three questions.    What price and quantity will the firm in the diagram above produce?   what's the socially optimal price and quantity?