Worksheet 5- Market Failure Name: _ Directions: Complete the worksheet and upload it to Moodle. Considef the supply and demand graphs for electricity that is generated by burning (.Udi, and aCtl'v.i that rel'eases damaging pollution into the atmosphere, Coal Electricity Generation Price 20 S- Socral 18 y 5 Private 16 14 12 Quantity 20 40 60 80 100 1. Mark the equilibrium price and quantity on the graph what would occur if there was no environmental regulation. Answer: 2. According to the graph, what are the per unit 'external costs' associated with