In Problem 1, Charlie's indifference curves have the equation , where larger constants correspond to better indifference curves. Charlie strictly prefers the bundle (10, 15) to the bundle
A) (15, 10) .
B) (11, 14) .
C) (12, 13) .
D) More than one of these options are correct.
E) None of the above are correct.
Correct Answer:
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