Consider an economy with three consumers, each with a marginal benefit for a public good of MB = 10–q. If the marginal cost of providing the good is $0 per unit, what is the efficient level of output? [Round your answer to 2 decimal places when needed]

Consider an economy with two consumers, each with a marginal benefit for a public good ofMB = 20 – (q/2). If the marginal cost of provision is $16 per unit, what is the efficient level of output?

Consider a competitive market in which the MPB = 178–4q and the MSC =3q. In this market, however, there is a positive consumption externality of $80 per unit consumed. What is the efficient level of output in this market?[Round your answer to two decimal places when needed]

A consumer has an income of $10,000 to spend on two goods, X and Y, where the price ofgood X is $500 per unit, and the price of good Y is $1 per unit. The marginal rate ofsubstitution is given by the formula Y/X. How many units of good Y does this consumeroptimally consume?

Consider an economy with three consumers, each with a marginal benefit for a public good of MB = 10–q. What is society’s marginal benefit (MSB) for the public good? Group of answer choices MSB = 10-3q MSB = 30-3q MSB = 10-(1/3)q MSB = 30-(1/3)q None of the above

Consider a monopoly where consumers are currently consuming where the marginal utility is 10 units of utility for the good. The price of the product is $5. The marginal cost of producing the good is $2.00. Then consider perfectly competitive firms where consumers are currently consuming where the marginal utility is 20 units of utility for the perfectly competitive product. The price of the product is $10. At current production levels, the marginal cost of producing the good is $10.Question 10.19HomeworkUnansweredDue Apr 12th, 11:59 PMBased on the text above, calculate the marginal utility per dollar spent by consumers in a monopolistic industry.