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

question 41

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) 12
• C) 8
• D) 9
• E) 5

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Definitions:

Myelin Sheath

A protective covering made of myelin around nerve fibers, which increases the speed at which impulses propagate along the myelinated fiber.

Mening/o

A root word in medical terminology referring to the meninges, the protective membranes covering the brain and spinal cord.

Myel/o

A prefix in medical terminology related to the bone marrow or the spinal cord.

Neur/o

A prefix pertaining to nerves or the nervous system.