Please solve the following questions

Information V Flag question Suppose the market demand is in the following form. Ox = 100 - 2\"'Px + 0.1*PY +1.5*Pop where Px is the price of good X, PY is the price of good Y, and Pop is the size of the population. And, the market supply is in the following form Ox = 2mx The following table shows the private value, private cost, and social value for a market with a positive externality 2'7 6 34 24 10 31 Quantity Private Value Private Cost Social Value 1 2 3 4 5 6 What is the equilibrium quantity of output in this market? (2 marks) What is the socially-optimal level of output in this market? (2 marks) (5 marks) Question 2 All rms in a competitive industry have the following long-run total cost curve: C(q) = cf' 2q2 + 4q where q is the output of the rm. 3. Compute the long run equilibrium price and explain how you obtain the result. [20 marks]