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

question 21

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 $4, and the price of bananas were $6, how many apples would there be in the best bundle that Charlie could afford?

• A) 8
• B) 10
• C) 12
• D) 9
• E) 5

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Definitions:

Adult Attachments

This term refers to the emotional bonds formed by adults in intimate relationships, which significantly influence their interpersonal dynamics.

Autonomous

Capable of operating independently or self-governing.

Holland's Theory

A theory of vocational choice that suggests people are happier and more successful in jobs that match their personal interests and personality types, categorized into six broad areas.

Modal Personal Orientation

In Holland’s theory, an aspect of personality that is a typical and preferred style or approach to dealing with social and environmental tasks. Most jobs or careers will be compatible with one of the six orientations: realistic, investigative, artistic, social, enterprising, and conventional.