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Suppose that Joe's demand for ice cream is given by Q= 5 2P and Mary's demand for ice cream is given by Q= 10 3P.

Suppose that Joe's demand for ice cream is given by Q= 5 2P and Mary's demand for ice cream is given by Q= 10 3P. What is the maximum willingness to pay for ice cream (the highest price anyone in the market is willing to pay) by either Joe or Mary? Explain how you arrived at your answer

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