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Anyone good at economics?

Former MemberFormer Member Posts: 1,876,324 The Mix Honorary Guru
Hello, anyone good with economics who can help me with this problem.

The TC function for commuting is Q + Q(Q-1)
The Inverse Demand Curve is P = 8 – Q
The External Cost Created by Driving is 2Q(Q – 1)

b—please calculate the unregulated quantity and price.

c—Please calculate the regulated quantity and price.

d— If the External Cost was passed along to the remaining drivers, how much of a subsidy would each remaining driver pay and how much would each former driver receive?

e—What is the Deadweight Loss in this example?
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