Respuesta :
The amount of tax collected from every individual would be $60 and the socially optimal number of street lamps is 6
The entire profit to society from making or victimization associate degree items or services is thought of as social profit. All non-public advantages, furthermore as any external advantages of production/consumption, square measure enclosed within the social profit. workers worth quite simply their salary; social perks have big in importance for businesses and square measure an essential call. -considering employment provides for one's well-being (which interprets into performance) at the organisation
Externalities square measure circumstances during which the result of a manufacturing or intense product and services imposes prices or advantages on others that don't seem to be drawn within the costs charged for such products and services.
The socially best range of street lamps would be the amount, wherever the incremental cost of putting in a lamp is adequate the utility of the road lamp. The incremental cost is $250. There square measure twenty-five folks, thus we are able to see that for6 street lamps, the utility would be 250. thus 6 street lamps is the socially best range of street lamps.
If solely five folks plan to pay to create the road lamps. therefore the utility from the primary lamp for the five folks would be5×30 = 150,
which is a smaller amount than the value of putting in a lamp. So, 0 street lamps are put in.
If the govt. decides to buy putting in the road lamps, then in order to put in the best range of street lamps, which is 6, the overall value incurred is = 6×250 = $1500.
As there square measure twenty-five folks, the quantity of tax collected from every individual would be = =1500 / 25 = $60.
Learn more about taxes:
https://brainly.com/question/16423331
#SPJ4
