10. A firm has the production function f(x, y) = 60x45 yl15. The slope of the firm's isoquant at the point (x, y) = (40, 80) is (pick the closest one) %3D A. -0.50. В. -4. С. -0.25. D. -8. Е. -0.25.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Cost Of Production
Section12.4: Costs In The Short Run And In The Long Run
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10. A firm has the production function f(x, y) = 60x45 yl/5. The slope of the firm's isoquant at the
point (x, y) = (40, 80) is (pick the closest one)
А.
-0.50.
В.
-4.
С.
-0.25.
D.
-8.
Е.
-0.25.
Transcribed Image Text:10. A firm has the production function f(x, y) = 60x45 yl/5. The slope of the firm's isoquant at the point (x, y) = (40, 80) is (pick the closest one) А. -0.50. В. -4. С. -0.25. D. -8. Е. -0.25.
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