Essay 1. (Module 74) Like most nations, the nation of Foxlandia must deal with pollution that is generated from production and consumption from the millions of firms and households. The table below shows pollution in Foxlandia. the total social benefit and total social cost of Tons of pollution | Total Social Benefit | Total Social Cost 11 a. Use marginal analysis to show much pollution will be generated by the market if there is no government intervention? b. For the last unit of pollution gener. Show your work. . How much pollution is socially optima d. Could the Coase theorem be used to interna the socially optimal level? Why or why not? (6 points) ated in the market, calculate the external cost to Foxlandia. | in Foxlandia? Explain your reasoning. lize the externalities and bring the level of pollution to