2. The first two columns of the table show the demand schedule for electricity from a coal-burning power The station; the second and third columns show the power station's cost of producing electricity. marginal cost of pollution created is equal to 6 cents per kilowat. With no pollution control, what is the quantity of electricity produced, the price of electricity and the marginal extermal cost of the pollution generated? (5 marks) quantity. What are the price of electricity, the tax, the tax per day and the quantity of electricity a) b) Suppose that the governetviollution tax, such that the power station produces the efficient produced? (5 marks) Price Quantity Marginal cost (cents per kilowatt) kilowatts per day) (cents per kilowatt) 10 12 16 20 500 400 300 200 100 2. The first two columns of the table show the demand schedule for electricity from a coal-burning power The station; the second and third columns show the power station's cost of producing electricity. marginal cost of pollution created is equal to 6 cents per kilowat. With no pollution control, what is the quantity of electricity produced, the price of electricity and the marginal extermal cost of the pollution generated? (5 marks) quantity. What are the price of electricity, the tax, the tax per day and the quantity of electricity a) b) Suppose that the governetviollution tax, such that the power station produces the efficient produced? (5 marks) Price Quantity Marginal cost (cents per kilowatt) kilowatts per day) (cents per kilowatt) 10 12 16 20 500 400 300 200 100