Question: Question 2 (1 point) A firm has PMC = 10 + Q and PMB IS 100 - 20. The MD to the local town is

Question 2 (1 point) A firm has PMC = 10 + Q and PMB IS 100 - 20. The MD to the local town is MD = 30. If the town gets the firm to produce at the local socially optimal level, what is the gain to the local town? $1,350 O $675 O $45 $90 $1,050 Question 3 (1 point) A firm has PMC = 10 + Q and PMB is 100 - 20. The MD to the local town is MD = 30. If the town gets the firm to produce at the local socially optimal level, what is the loss to the firm? $1,350 $1,012.5 $675 $337.5 $15

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