Question: Imagine a firm with a marginal abatement cost (MAC) function equal to: MAC = 20 - 2E. The government introduces a subsidy to abatement equal

Imagine a firm with a marginal abatement cost (MAC) function equal to:

MAC = 20 - 2E.

The government introduces a subsidy to abatement equal to $8. In this case, the profit-maximizing firm will receive a total subsidy payment of $___.

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