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Charlie Has the Utility Function U(xA, XB) = XAxB

Question 3

Multiple Choice

Charlie has the utility function U(xA, xB) = xAxB. His indifference curve passing through 35 apples and 18 bananas will also pass through the point where he consumes 5 apples and


A) 131 bananas.
B) 137 bananas.
C) 21 bananas.
D) 42 bananas.
E) 126 bananas.

Correct Answer:

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