In Problem 1, Charlie's Indifference Curves Have the Equation

question 1

Multiple Choice

In Problem 1, Charlie's indifference curves have the equation , where larger constants correspond to better indifference curves. Charlie strictly prefers the bundle (8, 13) to the bundle

• A) (14, 7).
• B) (9, 12).
• C) (13, 8).
• D) All of the above.
• E) None of the above.

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