Question: help pleaseyou need to plot social and private equilibrium for part a Question 2 [6 points] Given the market outlined in the graph, figure out

Question 2 [6 points] Given the market outlined in the graph, figure

help pleaseyou need to plot social and private equilibrium for part a

Question 2 [6 points] Given the market outlined in the graph, figure out the private and social equilibrium. a) Indicate the private equilibrium and the social equilibrium on the graph. Private Equilibrium 48 40 32 24 16 p ate 21 Quantity 24 2 30 b) Calculate the tax per unit necessary to reduce the quantity supplied to the socially optimum level. Tax = SO Official Time: SUBMIT AND 'ARK SAVE AND CLOSE

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