5. Suppose there are only two natural gas producers in Kabrallcstan. In each period._ rms determine hotl.r much natural gas to sell; market price is then determined by total demand and total supply. Marginal cost is given by T? for Firm 1 and 74 for Firm 2. "u'flilrrently~ Firms 1 and 2 are producing 17-0 and Bill], rapectively, whereas market price is '34. By making an important discovery in the process of hydraulic fracturing {or ~"hack ing"), Firm 2 managed to cut its marginal cost from T4 to EE. {a} \"'hat impact do you expect Firm 2's cost reduction to have on its market share? Some studies suggest that Firm 2's new production process may not be environ mentally sound. (b) How much would Firm 1 be willing to pay in support of a campaign to [success fully] prevent Firm 2 from using its new fracking process