If Charlie's Utility Function Is X ⁴_A X_B, the Price

question 68

Multiple Choice

If Charlie's utility function is X ⁴_A X_B, the price of apples is p_A, the price of bananas is p_B, and his income is m, then Charlie's demand for apples will be

• A)m/(2p_A).
• B)0.25 p_Am.
• C)m/(p_A + p_B).
• D)0.08m/p_A.
• E)1.25p_B m/p_A.

---

Definitions:

Order Of Operations

The rules that define the correct sequence to apply operations when evaluating mathematical expressions.

Lacked Clarity

A condition where information or statements are not understandable or are ambiguous.

Reasoning Ability

The capacity to analyze information, solve problems, and make logical decisions based on available data.

Performance Appraisal

A systematic evaluation of an employee's performance in their job roles and contributions to the organization.