Table 12.5 provides the supply and demand conditions for a manufacturing firm. The third column represents a supply curve without accounting for the social cost of pollution. The fourth column represents the supply curve when the firm is required to account for the social cost of pollution. Identify the equilibrium before the social cost of production is included and after the social cost of production is included.

Table 12.5

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Price Quantity Demanded $10 450 $15 440 $20 430 $25 420 $30 410 Quantity Supplied without paying the cost of the pollution 400 440 480 520 560 Quantity Supplied after paying the cost of the pollution 250 290 330 370 410