Given a public good with supply given by P = 2 + Q, and 4 consumers,...

 

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Given a public good with supply given by P = 2 + Q, and 4 consumers, each with demand of P = 15.5 - Q, find the optimal aggregate CS (Answer 1) and PS (Answer 2). Blank # 1 Blank # 2 A Given a public good with supply given by P = 2 + Q, and 4 consumers, each with demand of P = 15.5 - Q, find the optimal aggregate CS (Answer 1) and PS (Answer 2). Blank # 1 Blank # 2 A

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To find the optimal aggregate consumer surplus CS and producer surplus PS for the given public good ... View the full answer