Halp on econ prz

ABC Company produces ODOURGONE, a popular room deodorizer.  The production process emits sulfur dioxide into the atmosphere. The marginal private cost (MPC) of producing ODOURGONE is:

 

MPC = 1 Qs.

 

The marginal social cost is

 

MSC = 1.5 Qs

 

The demand curve for ODOURGONE is

 

P = 12- 0.5Qd.

 

Qs is the quantity of ODOURGONE supplied, P is the price of ODOURGONE in dollars and Qd is the quantity demanded.

 

(a)  In an unregulated market, what is the equilibrium price and quantity of ODOURGONE?

 

(b)  To be allocatively efficient, what should the price and quantity be?

 

(c)  How does the unregulated price and quantity compare with the optimal price and quantity?

 

(d)  If the government were to impose a tax on ODOURGONE, what should the tax be to reach the optimum?

did you try reading your econ book?  Might get more help with more specific questions and evidence that you tried to do the problem first.

go look at your textbook you lazy shit

Economy is neither science nor mathematics. It's retarded bullshit.

>>4
And the scary thing is that still continue teach those false Economic theories to students.  

The world needs more Econophysicists just to show what is accepted as mainstream fact for market behaviour is in fact often incorrect.

econophysics is bullshit too

The problem is that it's founded on psychology and sociology, which are entirely speculative.  Econ is bullshit, as >>4 said.