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

question 23

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

---

Definitions:

Work Teams

Groups of individuals working collaboratively towards a common goal, leveraging diverse skills and expertise for collective success.

Competitive Behaviors

Actions undertaken by individuals or groups aimed at outperforming others to achieve their objectives, often in a competitive environment or platform.

Positive Competitive

Refers to a situation where competition leads to beneficial outcomes for the participants, encouraging improvement and innovation without detrimental effects.

Teamwork Skills

The abilities that enable an individual to work effectively and harmoniously in a group setting towards a common goal.