Solve 16 onlys 16 The market demand for good x is y(d)-a-2bp, and the market supply is y(s)-ep, thegovermment imposes a per unit tax t on x, which must be paid by the sellers, calculatethe social loss produced by the tax.OA bet/2(b+c)OB ber/2b+cOC 2ber/2bteOD 2ber/2(bte)17 Consider the pure exchange economy:UA (x'A, x'A) = (x'A(x?A)2, (w'a, w-A) - (1,1)ue (x'B, x'e) = (x's)3(x²a), (w's, w'a) = (2,1)If it is competitive equilibrium, P2 /Pi is-OA 13OB 23OC 43OD 3/4

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16 The market demand for good x is y(d)-a-2bp, and the market supply is y(s)-ep, the government imposes a per unit tax t on x, which must be paid by the sellers, calculate the social loss produced by the tax. OA ber2tc) OB ber2btc OC 2ber 2bte OD 2ber 2(btc)

16 The market demand for good x is y(d)-a-2bp, and the market supply is y(s)-ep, the government imposes a per unit tax t on x, which must be paid by the sellers, calculate the social loss produced by the tax. OA ber2tc) OB ber2btc OC 2ber 2bte OD 2ber 2(btc)

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter16: Externalities, The Environment, And Natural Resources

Section: Chapter Questions

Problem 2DQ

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Question

Solve 16 onlys

16 The market demand for good x is y(d)-a-2bp, and the market supply is y(s)-ep, the
govermment imposes a per unit tax t on x, which must be paid by the sellers, calculate
the social loss produced by the tax.
OA bet/2(b+c)
OB ber/2b+c
OC 2ber/2bte
OD 2ber/2(bte)
17 Consider the pure exchange economy:
UA (x'A, x'A) = (x'A(x?A)2, (w'a, w-A) - (1,1)
ue (x'B, x'e) = (x's)3(x²a), (w's, w'a) = (2,1)
If it is competitive equilibrium, P2 /Pi is-
OA 13
OB 23
OC 43
OD 3/4

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