A firm has the production function f(x,y)=60x4/5y1/5. The slope of the firm's isoquant at the point (
x,y)(40,80) is (pick the closest one) a. -4. b. 0.25 . c. =0.25. d. -8 , e. -0.50 ..
A firm has the production function fxy60x45y15 The sl.pdf
1. A firm has the production function f(x,y)=60x4/5y1/5. The slope of the firm's isoquant at the point (
x,y)(40,80) is (pick the closest one) a. -4. b. 0.25 . c. =0.25. d. -8 , e. -0.50 .