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

question 10

Multiple Choice

Charlie's utility function is U(x_A, x_B) = x_Ax_B. If Charlie's income were $40, the price of apples were $5, and the price of bananas were $8, how many apples would there be in the best bundle that Charlie could afford?

• A) 8
• B) 11
• C) 10
• D) 15
• E) 4

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Definitions:

Small Intestine

A part of the gastrointestinal tract between the stomach and large intestine, where most of the digestion and absorption of food takes place.

Essential Amino Acids

Amino acids that cannot be synthesized by the body and must be obtained from the diet, crucial for various metabolic processes.

Plant Proteins

Proteins that are found in plants, contributing to the biological processes and structure of plant cells.

Incomplete

Pertains to something that is not fully made, done, or lacking some parts.