Charlie's Utility Function Is U(x_A, X_B) = X_Ax_B

question 47

Multiple Choice

Charlie's utility function is U(x_A, x_B) = x_Ax_B. If Charlie's income is $40, the price of apples is $4, and the price of bananas is $2, how many apples are there in the best bundle that Charlie can afford?

• A) 10
• B) 8
• C) 12
• D) 9
• E) 5

---

Definitions:

Host Culture

The culture of a country or region that welcomes individuals from another culture, influencing their integration and assimilation.

Assimilation

Conformity of ethnic group members to the dominant group’s culture.

Ethnic Group

A community or population made up of people who share a common cultural background, including language, religion, and traditions.

Dominant Group

A social or ethnic group possessing a position of power, authority, or privilege, allowing them to set or influence societal norms and values.