For questions 9 - 10 use the following information The Italian company "Piaccio" produces mopeds in Italy and sells them in Italy and Ireland. The estimated (inverse) demands per year in the two countries are: PT = 4000 - 0.4 . QT and PR = 3000 - 0.6 . QR where the subscripts T and R refer to Italy and Ireland respectively. Prices are in euros. Piaccio can produce up to 7200 mopeds per year, at the constant marginal cost of 240 euros. Its marginal cost curve is constant at 240 euros from zero to 7200 units and becomes vertical at 7200. In addition, Piaccio incurs a fixed cost of 2 million euros per year. 10. A process innovation, patented by the mechanical engineering company "Weightless Wheels" (WW), can lower the marginal cost for Piaccio to 120 euros. Thus, if Piaccio acquires the patent, its MC curve moves down to 120 for all units up to 7200, but remains vertical at 7200; and Piaccio must still incur the fixed cost of 2 million per year. What is the highest amount per year that Piaccio should be willing to pay for the patent? A. $0 B. $425 000 C. $854 400 D. $1 864 400