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

question 55

Multiple Choice

Charlie's utility function is U(x_A, x_B) = x_Ax_B.If Charlie's income is $40, the price of apples is $4, and the price of bananas is $2, how many apples are there in the best bundle that Charlie can afford?

• A)10
• B)12
• C)8
• D)9
• E)5

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