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Quiz Instructions Question 3 Question & 7 pls (7)Question 4 () question 5 7) Question & The diagram below gives information about demand and supply for cars in Econland Please note that this diagram is also on 2) Question 7 the graph sheet, if you printed one prior to the test (all supply and demand diagrams are the same on the graph sheet), Time Running rode 14 Attempt due Mat 72 at 11 590 13 1 Hour, 13 Minutes, 33 S 12 11 S $ O - NWADID NOOOO D 0 1 2 3 4 5 6 7 8 9 10 Suppose that each car in Econland creates a $8 negative externality because of pollution. If the government imposes the Pigouvian policy (the tax or subsidy that will maximize total surplus), what would be the change in total surplus as a result of this policy?Exam 2 - Require Started: Mar 22 at 3:10pm Quiz Instructions Question Question 2 (7) Question 3 D Question 5 7 pts Question 4 Question 5 Question 6 The diagram below gives information about demand and supply for robots in Econland. Please note that this diagram is also Question 7 on the graph sheet, If you printed one prior to the test (all supply and demand diagrams are the same on the graph sheet). 14 Time Running: Hide Attempt dur: Mor 72 in 11:5/pm 13 1 Hour, 13 Minutes, 44 S 12 11 S $ O - NW ACION VOODOO D 0 1 2 3 4 5 6 7 8 9 10 Suppose that each robot in Econland creates a $5 positive externality because of how they make neighborhoods safer. What is the optimal government policy that will maximize the total surplus of Econland?Started Mar 22 at 5 Quiz Instructions Question 3 D 7 pts Question 4 Question 4 Question 5 Question 6 The diagram below gives information about demand and supply for cars in Econland. Please note that this diagram is also on question 7 the graph sheet, if you printed one prior to the test (all supply and demand diagrams are the same on the graph sheet). Time Running: Hide 14 Attempt due: Mar 22 at 13 13 1 Hour, 13 Minutes,5 12 11 S $ D 0 1 2 3 4 5 6 7 8 9 10 Suppose that each car in Econland creates a $3 negative externality because of pollution. What is the total surplus (hint: this includes the externality) of Econland in the free market