A firm has the production function f(x, y) = 20x1/5 y4/5. The slope of the firm's isoquant at the point (x, y) = (20, 40) is Select one: О а. -3. О b. -0.25. О с. -0.6. d. -0.50.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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A firm has the production function f(x, y) = 20x1/5 y/5. The slope of the firm's isoquant at the point (x, y) = (20, 40) is (pick the closest one)
Select one:
а. -3.
O b. -0.25.
О с. -0.6.
d. -0.50.
е. -1.50.
Transcribed Image Text:A firm has the production function f(x, y) = 20x1/5 y/5. The slope of the firm's isoquant at the point (x, y) = (20, 40) is (pick the closest one) Select one: а. -3. O b. -0.25. О с. -0.6. d. -0.50. е. -1.50.
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