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Business, 23.07.2021 01:00 rayisaiah3

Charlie's brother, Alexander, also consumes apples (A) and bananas (B). Alexander's utility function happens to be U(A, B) = 5A + 2B. (a) Alexander has 40 apples and 5 bananas. The indifference curve through (40, 5) also include bundle ( , 2).
(b) Alexander has 40 apples and 5 bananas. With this bundle, Alexander would like to give up apple(s) for a banana.

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