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1) The table shows the marginal value (MV) schedule for person A. The marginal values are measured in dollars. Assume that the buyer will buy

1) The table shows the marginal value (MV) schedule for person A. The marginal values are measured in dollars. Assume that the buyer will buy if the price is larger and equals the MV.

Quantity of X MV of X - 20 2 18 3 16 4 14 5 12 6 10 7 8 8 9 4 10 2 11

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