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Exam (elaborations)
EC270 UPDATED Questions and CORRECT Answers
EC270
EC270
Charlie has the utility function U(xA, xB) = xAxB. His indifference curve passing through 6 
apples and 16 bananas will also pass through the point where he consumes 2 apples and: 
a. 12 bananas 
b. 24 bananas 
c. 50 bananas 
d. 54 bananas 
e. 48 bananase. 48 bananas
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