Multiple Choice
A firm has the production function f(x, y) = 20x3/5 y2/5.The slope of the firm's isoquant at the point (x, y) = (20, 40) is (pick the closest one)
A) -3.
B) -0.67.
C) -1.50.
D) -0.50.
E) -0.25.
Correct Answer:
Verified
Correct Answer:
Verified
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