The electric utilities also generate sulfur dioxide (SO2) as a byproduct of their production of electricity. SO2 has health consequences, namely particulate matter from these emissions can lead to respiratory aliments SO2 also has ecosystem effects, namely it is a precursor to acid rain. A careful study has been conducted to determine the costs of SO2 emissions and the following function describes the Marginal Costs of SO2 MCso2=40, +4 (c) Calculate the Marginal Social Cost of electricity generation and add it to the graph copied from port (n) (d) Algebraically solve for the socially dicient level of electricity generation and the socially eficient price, Label this point on your graph, (0) Mathematically calculate the social welfare los resulting from the externality Shade in the area of welfare loss on your graph