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Question 29 and 30 Suppose Bill's utility function is given by U (B, F) = B * F, Where B is books, and F is
Question 29 and 30 Suppose Bill's utility function is given by U (B, F) = B * F, Where B is books, and F is food. Question 29 What is Bill's price elasticity of the demand for food? Round to the closest number. A. The price elasticity of Bills's demand for food is U B. The price elasticity of Bills's demand for food is 1 C. The price elasticity of Bill's demand for food is +1 D. The price elasticity of Bill's demand for food is 2 E. We don't have enough information to answer this
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