Homework relating to demand curves and MC. Find P & Q.? - cost of gold per oz
I have no idea how to even begin to calculate the price and quantity? Can anyone me some tips on how to even deal with this problem?
But the demand is: G = 180 - 3P where G is the number of ounces per week is required, and P) is the price for an ounce (in U.S. dollars. The gold producers incur costs equal marginal
MC = G / 6 The production and use of gold has a negative externality on Mr. money bags. In particular, man "money" the Goblin "greedy" in the presence of gold. Moneybags has shown that the external marginal cost depends on the quantity of produced gold and equal ag/18 = MD.
a) The gold market is competitive, that's what made its price and quantity per week.
b) Moneybags argues that his situation deserves a tax on gold production. What should the tax per ounce of gold?
c) Moneybags also argued that the revenues from taxation should also be given today or on external costs, which helps. Will Moneybags inadequate compensation, but as an ad --Game, or just enough to compensate for the costs?
Cost Of Gold Per Oz Homework Relating To Demand Curves And MC. Find P & Q.?
1 comments:
Di-n = 180-3P
MC = tt / 6
In equilibrium
= Power On Demand
18P-Di-n =
R = = g/18 MEC
P =- Gd/18
P + external marginal cost = 0
If we can establish a tax on gold, TP = P + dP
dP =- dGd/18
DMD = dG/18
DP = 0 + DMD
What kind of tax, Mr. Moneybags their external costs, is equal to the benefits of public service.
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