Negative Externality: Consumer Surplus, Producer Surplus, and Deadweight Loss

[@ujjwalsharma7283]

You are single-handedly helping numerous students to learn economics in an easy and efficient manner. Thanks and Kudos

[@EconomicsinManyLessons]

You are welcome!

[@shondalegalindo1]

VERY helpful, thank you! My head started heating up when calculating the socially optimal outcome, but I paused, thought, then understood 🤯

[@SureshKumar-mh2yn]

Heartiest thank you sir it's amazing and tricky solution

[@francisdzivenu7000]

Please what do we go when we were given TPC=10Q+1.5Q^2
MPB=100-2Q
MEC=2Q
Calculate
1) the output and price of dry cleaning if it is produced under perfect competition
2) determine the socially efficient price and output of dry cleaning
3) determine the tax that would result in a competitive market producing the socially efficient output
4) what is the net welfare gain to society from producing at the efficient outcome

[@ashutoshpatel8044]

Really great !!!!!

[@EconomicsinManyLessons]

Thank you!

[@bushrashaikh5240]

Sir what about the triangle of 6-4(price) and 10-8(qty)
What does that signify

[@jnumaterial9641]

best channel on youtube for econmics numerical , sir what is yours qualification ?

[@gabbyfazzalari5167]

ur consumer surplus seems off... u included the dwl q.. believe it shld be x8

[@vicizicki9358]

god bless u

[@durgaprasadsarangi5668]

Thanks sir

[@EconomicsinManyLessons]

You are welcome!

[@eshetiezayede2061]

U ar smart

[@EconomicsinManyLessons]

Thank you!