please show work and explain and accurate answer otherwise i give downvote Note:- Please refrain from offering handwritten solutions. Please ensure that your response maintains accuracy and quality to avoid receiving a downvote. Take care of plagiarism. Answer completely. You will get up vote for sure.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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please show work and explain and accurate answer otherwise i give downvote

Note:-

Please refrain from offering handwritten solutions. Please ensure that your response maintains accuracy and quality to avoid receiving a downvote.

Take care of plagiarism.

Answer completely.

You will get up vote for sure.

 

 

P
$14
$12
$10
$8
$6
$4
$2
S
MSB
D
2 4 6 8 10 12 14 Q
Calculate the increase in Gains from Trade from the optimal Pigovian tax. Hint: the gains from trade will increase by
the amount of Deadweight Loss eliminated.
(Do not include a $ sing in your response. Round to the nearest two decimal places if necessary.)
Transcribed Image Text:P $14 $12 $10 $8 $6 $4 $2 S MSB D 2 4 6 8 10 12 14 Q Calculate the increase in Gains from Trade from the optimal Pigovian tax. Hint: the gains from trade will increase by the amount of Deadweight Loss eliminated. (Do not include a $ sing in your response. Round to the nearest two decimal places if necessary.)
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