Solved

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 15 apples and 16 bananas will also pass through the point where he consumes 3 apples and


A) 40 bananas.
B) 83 bananas.
C) 20 bananas.
D) 87 bananas.
E) 80 bananas.

Correct Answer:

verifed

Verified

Related Questions

Q1: Ambrose has the utility function U(x<sub>1</sub>, x<sub>2</sub>)=4x<sup>1/2</sup><sub>1</sub>

Q2: Joe Bob has a cousin Martin who

Q4: Charlie has the utility function U(x<sub>A</sub>, x<sub>B</sub>)=x<sub>A</sub>x<sub>B</sub>.His

Q5: Harry Mazzola has the utility function U(x<sub>1</sub>,

Q6: Charlie's utility function is U(A, B)= AB,

Q7: Charlie has the utility function U(x<sub>A</sub>, x<sub>B</sub>)=x<sub>A</sub>x<sub>B</sub>.His

Q8: Charlie's utility function is U(A, B)= AB,

Q9: Joe Bob has a cousin Don who

Q10: Charlie has the utility function U(x<sub>A</sub>, x<sub>B</sub>)=x<sub>A</sub>x<sub>B</sub>.His

Q11: Harry Mazzola has the utility function U(x<sub>1</sub>,