Question: John consumes apples and bananas. John 's utility function is U(x, y)=xy where x is the number of apples and y is the number of
John consumes apples and bananas. John 's utility function is U(x, y)=xy where x is the number of apples and y is the number of bananas. He has 40 apples and 5 bananas. Which of the following bundles would John prefer to his?
15 apples, 10 bananas20 apples, 11 bananas5 apples, 40 bananas40 apples, 1 banana20 apples, 10 bananas
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