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Ely's preferences for bread and soup can be represented by the utility

function U (S,B) = S(1+B.) Soup costs $1 per pint and bread costs Pb per ounce.

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Subject: Business, Economics
Ely's preferences for bread and soup can be represented by the utility function U (S,B) = S(1+B.) Soup costs $1 per pint and bread costs Pb per ounce....
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