The graph below represents a market with each firm producing at MC = 120 and P = 120. Firms are assumed to incur zero fixed cost of production. A process innovation is available that will reduce the marginal cost of production of the firm acquiring the innovation to 80 P 200 140 120 80 40 60 80 100 120 160 200 Q What is the maximum amount the innovating firm is willing to spend to obtain the cost-saving technology? O $9600 $3200 O $3600 O $8400