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Anna demand for bottled water is given by the equation Q= 8 0.5. Bob's demand is Q = 6 P. 1. Graph Anna and Bob's
Anna demand for bottled water is given by the equation Q= 8 0.5. Bob's demand is Q = 6 P. 1. Graph Anna and Bob's respective individual MB curves in economics' conventional fashion, each in its own graph. 2. Calculate anna and Bob's respective WTP for the fourth bottle of water. Illustrate graphically. 3. Calculate anna and Bob's respective TB from consuming three bottles of water. Illustrate graphically. 4. Graph the aggregate MB curve for bottled water, assuming anna and Bob are the onl
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