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Close Window Moving to another question will save this response. Question 11 of 25 estion 11 4 points Save Answer Suppose the equation for the demand curve in a market is P=100-1.5Qp, where Qp is the quantity demanded and P is the price. Also, suppose the equation for the supply curve in the same market is P=0.505 , where Qs is the quantity supplied. Suppose there is an external cost of $12 associated with the production of each unit of the good. What is the socially optimal quantity, and how much is the social cost at this quantity? P-$31; Q=46 P=$25; Q=50 P=$34; Q=44 P=$22: Q=44 Question 11 of 25 Moving to another question will save this response. Close Window E F 02:09 2021/4/26 9 0 @ End POOP PrtSch Home FO gee OFS 8 5 C Y R WE