Question: 3. [3 points] If MAC=90-2E and MD=3E, what is the socially efficient tax rate? Show work. In addition, draw a diagram using the given functions

3. [3 points] If MAC=90-2E and MD=3E, what is the socially efficient tax rate? Show work. In addition, draw a diagram using the given functions to show the net social gain expected at the socially efficient tax rate. To show the area representing the net social gain, shade it.

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