Charlie Has the Utility Function U(x_A, X_B)= X_Ax_B

question 48

Multiple Choice

Charlie has the utility function U(x_A, x_B) = x_Ax_B.His indifference curve passing through 35 apples and 18 bananas will also pass through the point where he consumes 5 apples and

• A)131 bananas.
• B)137 bananas.
• C)21 bananas.
• D)42 bananas.
• E)126 bananas.

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Definitions:

Fraternal Deprivation

A feeling of discontent experienced by individuals when perceiving that their group unfairly receives less resources or opportunities compared to other groups.

Egoistic Deprivation

A feeling of lacking personal resources or benefits that one believes they deserve, leading to dissatisfaction or resentment.

Escape Panic

Intense, irrational, and often self-destructive behavior that occurs in groups facing real or perceived threats.

Acquisitive Panic

A mass, irrational rush to purchase goods, often fueled by fear, scarcity, or social influence, leading to shortages and market disruption.