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In Problem 1, Charlie Has the Utility Function U(xA, XB)

Question 1

Multiple Choice

In Problem 1, Charlie has the utility function U(xA, xB) = xAxB. His indifference curve passing through 40 apples and 9 bananas will also pass through the point where he consumes 5 apples and


A) 48 bananas.
B) 77 bananas.
C) 80 bananas.
D) 24 bananas.
E) 72 bananas.

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