Question: Supply:Q = 4P - 60 Demand: Q = 300 - 5P Suppose there is an $18 per unit negative externality. what would be the DWL

Supply:Q = 4P - 60

Demand: Q = 300 - 5P

Suppose there is an $18 per unit negative externality. what would be the DWL if the government does not correct?

The government imposes a $9 subsidy. calculate CS, PS, TS, DWL, GR.

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