Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Coolguy80 Coolguy80
wrote...
Go to Answer
Posts: 138
Rep: 1 0
A year ago
Negative and Positive Externalities of Production

The graph shows the market for weed killer, which causes a negative externality due to the adverse impacts on production to the honeybee population.
 
Assume that P1=$1.80, P2=$8.25, P3=$11.35, P4=$22.20, Q1=1,880 and Q2=3,590. If the government does not regulate the market, the market equilibrium price is ________ and the market equilibrium quantity is ________, which results in a deadweight loss equal to ________.
Please round your final answer to two decimal places.

▸ $11.35, 1,880, $8,165.25

▸ $11.35, 1,880, $16,330.50

▸ $8.25, 3,590, $8,165.25

▸ $8.25, 3,590, $16,330.50
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 40 times
1 Reply
Replies
Answer verified by a subject expert
dreamkheidreamkhei
wrote...
#1
Posts: 138
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Coolguy80 Author
wrote...

A year ago
Just got PERFECT on my quiz
Natalie Price
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
jamiebonf99
wrote...

2 hours ago
This site is awesome
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1237 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 201
  
 323
  
 324