Homework answers / question archive / 1)Q?Discuss Barry Buzan's theory of national security using the following key words ?1200 words) keyword:?threats and vulnerabilities; elements of the state, types and operation of threats ? 2)Suppose a monopoly produces products that exhibit negative externalities

1)Q?Discuss Barry Buzan's theory of national security using the following key words ?1200 words) keyword:?threats and vulnerabilities; elements of the state, types and operation of threats ? 2)Suppose a monopoly produces products that exhibit negative externalities

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1)Q?Discuss Barry Buzan's theory of national security using the following key words ?1200 words)
keyword:?threats and vulnerabilities; elements of the state, types and operation of threats ?

2)Suppose a monopoly produces products that exhibit negative externalities. The marginal private benefit associated with a monopoly’s consumption is MPB = 360-4Q and the marginal revenue associated with its production is MR = 360-8Q The marginal private cost associated with its production is MPC = 6Q The marginal external cost associated with its production is MEC = 2Q Please draw all the above in one graph and answer the following questions: (1). Find the social optimum (Q* and P*) (5 points) (2). Without any government intervention, the monopoly will product at which point in your graph? Compute the associated price and quantities (Q1 and P1) (5 points)