Charlie Consumes Apples and Bananas; His Utility Function Is U(a

question 29

Multiple Choice

Charlie consumes apples and bananas; his utility function is U(a, b) = ab. Charlie's fruit farm yielded 5 apples and 10 bananas. In addition, Charlie has $10 that he was given by a secret admirer. Charlie can buy or sell apples at $2 each and he can buy or sell bananas at $1 each. Charlie will consume

• A) more apples and more bananas than he grows.
• B) more apples and fewer bananas than he grows
• C) fewer apples and more bananas than he grows
• D) fewer apples and more bananas than he grows.
• E) exactly as many apples as he grows and more bananas than he grows.

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Definitions:

Cleared Urea

A measure of kidney function that indicates the rate at which urea, a waste product, is removed from the blood.

Glomerular Filtration Rate

A measure of the filtering capacity of the kidneys, indicating how much blood can be filtered by the glomeruli per unit of time.

Inulin

A type of soluble fiber found in various plants, used as a food additive and for medical tests of kidney function.

Creatinine

Creatinine is a waste product generated from muscle metabolism, commonly measured to assess kidney function.