Please do all parts.

Below are marginal cost curves for a cookie factory. This cookie factory uses water from a lake. Initially, there is no regulation on the use of the lake and it is polluted by other industries. This means that the cookie factory must clean the lake water before it uses it. And then, regulation is imposed which reduces the allowable level emissions other industries are allowed to emit into the lake. Assume fixed costs for the cookie factory are equal to zero. And also assume that price and output are fixed. MC MC m n Using the above information and figure, complete the below statements, filling in your final, complete answer in the space provided to the right of the statement. Do not show your work or calculations. 7 A- B I Ff E $ a.) Prior to regulation, the output of the factory is equal to b.) Prior to regulation, the revenue of the factory is equal to c.) Prior to regulation, the costs of the factory are equal to d.) Prior to regulation, the profit of the factory is equal to e.) With regulation, the output of the factory is equal to f.) With regulation, the revenue of the factory is equal to 9.) With regulation, the costs of the factory are equal to h.) Prior to regulation, the profit of the factory is equal to 1.) The net benefit of the regulation is equal to