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    Microeconomics Study Set 46
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    Exam 6: Producer Behavior
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    (Figure: Capital and Labor XVI) Consider the Production Function Q
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(Figure: Capital and Labor XVI) Consider the Production Function Q

Question 19

Question 19

Multiple Choice

(Figure: Capital and Labor XVI) Consider the production function Q = L0.5K0.5, with MPK = L0.5/K0.5 and MPL = K0.5/L0.5. (Figure: Capital and Labor XVI)  Consider the production function Q = L<sup>0.5</sup>K<sup>0.5</sup>, with MP<sub>K</sub> = L<sup>0.5</sup>/K<sup>0.5</sup> and MP<sub>L</sub> = K<sup>0.5</sup>/L<sup>0.5</sup>.   The slope of the isoquant at Point B is ____. A)  -9 B)  9 C)  -1 D)  1 The slope of the isoquant at Point B is ____.


A) -9
B) 9
C) -1
D) 1

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