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Business, 09.11.2020 17:00 itzia00

Charlie has a utility function U(xA, xB) = xAxB, the price of apples is $1, and the price of bananas is $2. If Charlie’s income were $160, how many bananas does he consume in his optimal bundle?

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Charlie has a utility function U(xA, xB) = xAxB, the price of apples is $1, and the price of bananas...

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