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

question 16

Multiple Choice

In Problem 1, Charlie has the utility function U(x_A, x_B) = x_Ax_B. His indifference curve passing through 40 apples and 9 bananas will also pass through the point where he consumes 5 apples and

• A) 48 bananas.
• B) 77 bananas.
• C) 80 bananas.
• D) 24 bananas.
• E) 72 bananas.

---

Definitions:

Societal Issues

Problems that affect a significant number of people within a society, which are often complex and require collective effort to address.

Environmental Issues

Problems related to the natural environment, such as pollution, climate change, and biodiversity loss, often requiring global action and sustainable practices.

Americans

Citizens or nationals of the United States of America.

Dropout Rate

The percentage of individuals who fail to complete a course, program, or educational level.