Please answer 5 to 9

Drug company Halfdan develops a Covid Vaccine for the Iceland market. Development costs were \$ 200m. The marginal cost of each vaccine is $2,000. Demand is Q=522P, were P and Q are measured in 000 . Halfdan charges $14,000 per dose. (1) At the price of $14,000 what is the quantity for Halfdan? (2) What is the socially efficient price? (3) What is the socially efficient quantity? (4) What is the deadweight loss from Halfdan's pricing policy? (5) What is Halfden's revenue at the $14,000 price? (6) What is Halfdan's net profit from the creation of the vaccine (revenue minus production and development costs)? (7) What is the net social gain from the development of the vaccine at the efficient price? (8) What payment by the Iceland government would be the lowest to persuade Halfdan to sell them the rights to the vaccine? (9) What is the deadweight loss if the government buys the rights to the vaccine, but then distributes it free as opposed to at a price of the marginal cost? Drug company Halfdan develops a Covid Vaccine for the Iceland market. Development costs were \$ 200m. The marginal cost of each vaccine is $2,000. Demand is Q=522P, were P and Q are measured in 000 . Halfdan charges $14,000 per dose. (1) At the price of $14,000 what is the quantity for Halfdan? (2) What is the socially efficient price? (3) What is the socially efficient quantity? (4) What is the deadweight loss from Halfdan's pricing policy? (5) What is Halfden's revenue at the $14,000 price? (6) What is Halfdan's net profit from the creation of the vaccine (revenue minus production and development costs)? (7) What is the net social gain from the development of the vaccine at the efficient price? (8) What payment by the Iceland government would be the lowest to persuade Halfdan to sell them the rights to the vaccine? (9) What is the deadweight loss if the government buys the rights to the vaccine, but then distributes it free as opposed to at a price of the marginal cost