Charlie Has the Utility Function U(x_A, X_B) = X_Ax_B

question 20

Multiple Choice

Charlie has the utility function U(x_A, x_B) = x_Ax_B. His indifference curve passing through 32 apples and 8 bananas will also pass through the point where he consumes 4 apples and

• A) 16 bananas.
• B) 32 bananas.
• C) 68 bananas.
• D) 72 bananas.
• E) 64 bananas.

---

Definitions:

Enforceable

Describes a contract or law that can be legally imposed or acted upon.

Shale Rock

A fine-grained sedimentary rock composed of clay, mineral flakes, and organic matter, known for its ability to store oil and gas.

Mistake Of Value

An error regarding the understanding or assessment of the value of an item or deal, potentially affecting a contract's validity.

Material Facts

Important information that could influence a decision-making process, particularly in legal and financial contexts.