In Problem 1, Charlie Has the Utility Function U(x_A, X_B)

question 8

Multiple Choice

In Problem 1, Charlie has the utility function U(x_A, x_B) = x_Ax_B. His indifference curve passing through 6 apples and 16 bananas will also pass through the point where he consumes 2 apples and

• A) 12 bananas.
• B) 24 bananas.
• C) 50 bananas.
• D) 54 bananas.
• E) 48 bananas.

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