Use figure 1, which illustrates the market for butane to answer the following three questions. Butane has a private marginal cost of 10+5q but each gallon of butane also causes $30 of environmental damage. 55 39 25 M 5 Social MC= Private MC + 30 10 15 Private MC=5+2Q 20 Inverse Demand = 90-3Q 25 30 Figure 1: Market for Butane 1. What areas depict the deadweight loss that would result from a perfectly competitive market for butane with no environmental regulation imposed on producers.