Suppose Firm X generates an externality that impacts on Firm Y. There are 4 possible measures Firm X can take with respect to the externality. It could do nothing, adopt Technology A, adopt Technology B or shutdown. The prots each rm makes is given in the following table: Shutdown Technology A Technology B Do Nothing 0 500 600 700 'l000 800 500 300 Use this information to answerthe following questions Suppose Firm X is currently doing nothing to reduce the externality. What is the maximum offer Firm Y would make to get it to adopt Technology B? What is the minimum offer Firm X would accept to adopt Technology B? Also, What option would the two rms agree upon, it Firm X had the right to produce the externality Select one: a. Technology A b. Technology B c. Shutdown ('1 Pin nnfhihn