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If Charlie's Utility Function Were X6AXB and If Apples Cost

Question 6

Multiple Choice

If Charlie's utility function were X6AXB and if apples cost 40 cents each and bananas cost 10 cents each, Charlie's budget line would be tangent to one of his indifference curves whenever


A) 6XB = 4XA.
B) XA = 6XB.
C) XB = XA.
D) XB = 6XA.
E) 40XA + 10XB = M.

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