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QUESTION

1. Consider Joe with the following Table of MV ($) for teddy bears. He has 11 teddy bears. If the price per teddy bear is $14, how many teddy bears

1.     Consider Joe with the following Table of MV ($) for teddy bears. He has 11 teddy bears.

If the price per teddy bear is $14, how many teddy bears would Joe demand and how many would he sell?

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