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Charlie has a utility function Ú хв. He has $100 to spend on apples and bananas Apples cost $1 and bananas cost $:2 (a) What is the equation of his budget constraint? Draw a graph of it. What is its slope? (b) What is his marginal utility of apples? (c) What is his marginal utility of bananas? (d) What is a mathematical expression for the slope of his indifference curves? (e) How many apples and bananas should Charlie buy?

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