The amount that a beggar outside the Toronto Stack Exchange Building can collect in Average revenues depends negatively on the number of beggars; r = 200 - 4n. A beggar has the choice of standing in line to receive welfare benefits of 50 dollars. a. Graph and determine the non-cooperative solution and the cooperative solution. Show the efficiency loss. b. Illustrate how the cooperative solution could be achieved if the government introduced a per-unit tax on the revenues of each beggar.

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