Long answer 2 tExternalitiest. Enter all answers rounded to two decimal places but do not round intermediate values. A competitive rm faces an inverse demand curve given by: p(Q} = 259 Q amtlns private marginal costs that are given by: MCP(Q}=1U + 0. Since the rm's production process produces environmental toxins, there is an additional social cost in this market that is not fully accounted for by the rm. The social marginal cost is: M0561): 10 + 20. What are the unregulated competitive equilibrium price and quantity in this market\"? Quantity: Price: it _ What are the socially optimal price and quantity in this market? Quantity: Price: $ Comple e the following table by calculating the welfare measures in this market. Unregulated Competitive Equilibrium Social Optimum Consumer Surplus Private Producer Surplus Extema I'rtv Cost Social Producer Surplus Welfare | |:l|:l|:l|:l|:l What is the deadweight loss in this market? E What specic tax results in the social optimum? $1