A cell is constructed as Mg(s)∣Mg2+(1M)∣∣Fe2+(1M)∣Fe(s). The measured standard cell potential is Ecell∘=+0.24V, and two electrons are transferred in the overall reaction. Which of the following gives the numerical value of ΔG∘ for the cell reaction and correctly identifies the type of cell?
a) ΔG∘≈+4.6×104J; the cell is electrolytic
b) ΔG∘≈−2.3×104J; the cell is galvanic
c) ΔG∘≈−4.6×104J; the cell is galvanic
d) ΔG∘≈−4.6×104J; the cell is electrolytic