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

question 36

Multiple Choice

if Charlie's utility function were X ³_A X_B, if apples cost 60 cents each, and if bananas cost 10 cents each, Charlie's budget line would be tangent to one of his indifference curves whenever

• A)3X_B = 6X_A.
• B)X_B = 3X_A.
• C)X_B = X_A.
• D)X_A = 3X_B.
• E)60X_A + 10X_B = M.

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