Find the Complete Factorization Of $P ( x ) = x ^ { 4 } - 2 x ^ { 3 } + 2 x ^ { 2 } - 2 x + 1$

question 44

Essay

Find the complete factorization of $P ( x ) = x ^ { 4 } - 2 x ^ { 3 } + 2 x ^ { 2 } - 2 x + 1$

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Definitions:

Marginal Private Benefit

The additional benefit received by the consumer or producer from consuming or producing one more unit of a good or service.

Marginal Social Cost

The additional cost imposed on society as a whole from producing one more unit of a good or service.

Socially Optimal

is a condition or outcome in which the allocation of resources maximizes the overall benefit to society.

Nonexcludable

A characteristic of a good whereby it is difficult or impossible to prevent people who have not paid for it from consuming or using it.