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Suppose that the MB and MC curves for an individual smoker can be represented by the following linear equations: MB = 2000 - 10C and

Suppose that the MB and MC curves for an individual smoker can be represented by the following linear equations: MB = 2000 - 10C and MC = 1000 30C, where C is the number of cigarettes smoked daily. i) Justify using three reasons why for this smoker the MB curve might be downward sloping. ii) Justify using three reasons why for this smoker the MC curve might be upwards sloping

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