Multiple Choice
Charlie's utility function is U(A, B) = AB, where A and B are the numbers of apples and bananas, respectively, that he consumes.If Charlie is consuming 40 apples and 160 bananas, then if we put apples on the horizontal axis and bananas on the vertical axis, the slope of his indifference curve at his current consumption is
A) -4.
B) -8.
C) -41.
D) -1/4.
E) -1/8.
Correct Answer:

Verified
Correct Answer:
Verified
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
Q3: Charlie has the utility function U(x<sub>A</sub>, x<sub>B</sub>)=x<sub>A</sub>x<sub>B</sub>.His
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>,
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>,