Charlie's Utility Function Is U(A, B) = AB, Where a and B

question 47

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. When Charlie is consuming 20 apples and 80 bananas, 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) -8.
• B) -1/4.
• C) -20.
• D) -4.
• E) -1/8.

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Definitions:

Chromosome Pattern

The specific arrangement or structure of chromosomes within an organism's cells, which can be indicative of genetic conditions or traits.

Testicles

The male reproductive glands responsible for producing sperm and testosterone, located in the scrotum.

Breasts

Glandular organs located on the chest of female mammals that produce milk to feed their young; also present in males but less developed.

Cultural Construct

A concept or practice that is seen as natural or given by society, but is actually an invention of that society and varies across cultures.