Multiple Choice
if Charlie's utility function were X 3A XB, if apples cost 60 cents each, and if bananas cost 10 cents each, Charlie's budget line would be tangent to one of his indifference curves whenever
A) 3XB = 6XA.
B) XB = 3XA.
C) XB = XA.
D) XA = 3XB.
E) 60XA + 10XB = M.
Correct Answer:
Verified
Correct Answer:
Verified
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