Charlie's Utility Function Is U(A, B)= AB, Where a and B

question 8

Multiple Choice

Charlie's utility function is U(A, B) = AB, where A and B are the numbers of apples and bananas, respectively, that he consumes.If Charlie is consuming 40 apples and 240 bananas, then if we put apples on the horizontal axis and bananas on the vertical axis, the slope of his indifference curve at his current consumption is

• A)-1/6.
• B)-12.
• C)-41.
• D)-6.
• E)-1/12.

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Definitions:

Self-Conscious

An acute sense of self-awareness, often accompanied by feelings of anxiety or embarrassment when one perceives their actions are being judged by others.

Social Emotions

Emotions that depend on the thoughts, feelings, or behaviors of others, such as empathy, jealousy, or pride, playing a significant role in social interactions.

Internal

Pertaining to or existing within an entity or organization, such as internal processes, resources, or challenges.

Self-Conscious Emotions

Emotions that require self-reflection and evaluation, such as guilt, shame, embarrassment, and pride, often influencing one's sense of self and social standing.