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Economics

1. How relevant the Third Industrial Revolution is to Afghanistan? And what does it mean for us? Give proper explanation and reasons.

2.There is an externality of $18 per unit of
production.
The market demand and supply functions are
Pd : 125 - 0.3 Q
Ps:11+0.90
What is the externality without any regulation or taxes ?
What is the consumer surplus without any regulation or taxes ?
What is the total social welfare without any regulations or taxes ? 

 

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