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

question 18

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 30 apples and 120 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)-31.
• B)-8.
• C)-1/4.
• D)-4.
• E)-1/8.

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