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1. Alvin's demand for bottled water is given by the equation QdA = 8 - .5P. Betty's demand function is QdB = 6 - P.

1. Alvin's demand for bottled water is given by the equation QdA = 8 - .5P. Betty's demand function is QdB = 6 - P. Calculate Alvin and Betty's marginal and total willingness to pay for four bottles of water and illustrate graphically

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