What is the socially efficient quantity for monopoly?

I need help with an externality and Pigouvian tax problem. I have solved up to the NSB of monopoly. Show more I need help with an externality and Pigouvian tax problem. I have solved up to the NSB of monopoly. A=400 B=5 F1=20 F2-25 D1=0.8 D2=0.25 Market Externality=-10 Competitive: Q=204.878 P=39.0244 NSB=6146.34 Total Externality=-2048.78 Monopoly: Q=135.4839 P=52.9032 NSB=4064.4269 Total Externality=-1354.839 The questions I have yet to answer for my assignment are the following: 1. What is the socially efficient quantity for monopoly? 2. What is the NSB of the socially efficient quantity? 3. Suggest a Pigouvian tax/subsidy rate ($/unit) that will restore efficieny under competition and under monopoly. Any tips/help would be very much appreciated! Thank you! Show less

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