A firm has the production function f(x, y) = 20x/5 y/5. The slope of the firm's isoquant at the point (x, y) = (20, 40) is (pick the closest one) Select one: О а. -3. b. -0.50. C. -1.50. d. -0.6. e. -0.25.
A firm has the production function f(x, y) = 20x/5 y/5. The slope of the firm's isoquant at the point (x, y) = (20, 40) is (pick the closest one) Select one: О а. -3. b. -0.50. C. -1.50. d. -0.6. e. -0.25.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![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 (pick the
closest one)
Select one:
а. -3.
b. -0.50.
О с. -1.50.
O d. -0.6.
e. -0.25.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F83f14b89-ea63-42d6-ad07-38e32c7bad9d%2Fc86ee688-5084-48f0-8c06-90180a8f0504%2Fpza29ei_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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 (pick the
closest one)
Select one:
а. -3.
b. -0.50.
О с. -1.50.
O d. -0.6.
e. -0.25.
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