C2 (Q2) = 75 + 40Q2 + Q3 C3 (Q3) = 100 + 50Q3 + 203 where O represents the annual generation output of each plant measured in GWh (gigawatt- hours). All three plants serve the same geographic area, and each of them has sufficient capacity to satisfy all electricity demand should they be the lowest cost plant at every output level. We assume that the market for electricity generation is perfectly competitive. So each generating plant is a price taker, and therefore takes the market price for electricity as given. This market price is determined where quantity supplied by all generators in the market is equal to quantity demanded. A. (5) What is the marginal cost function for each coal generation plant owned by LEE? B. (5) What is ATC for each? (5) What is AVC for each? D. (5) If the going market price for power is $60/GWh, how much would each plant dispatch to the grid over the year assuming that the plant was actually running? E. (5) In the short run, what price is required for all three generators to be up and running, producing positive