If Charlie's Utility Function Were X ³_A X_B, the Price

question 19

Multiple Choice

if Charlie's utility function were X ³_A X_B, the price of apples were p_A, the price of bananas were p_B, and his income were m, then Charlie's demand for apples would be

• A)m/(p_A + p_B).
• B)0.33p_Am.
• C)0.75m/p_A.
• D)m/(2p_A).
• E)1.3p_Bm/p_A.

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