A Firm Has the Production Function F(x, Y)= 60x ^4/5

question 27

Multiple Choice

A firm has the production function f(x, y) = 60x ^4/5 y^1/5.The slope of the firm's isoquant at the point (x, y) = (40, 80) is (pick the closest one)

• A)-0.50.
• B)-4.
• C)-0.25.
• D)-8.
• E)-0.25

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Definitions:

Six-Figure Accuracy

A term referring to a level of precision that rounds to the nearest hundred-thousandth place, often used in mathematical, scientific, or financial contexts to indicate very high accuracy.

Superscript

A small figure or letter written above and to the right of a letter or number to indicate its exponentiation, ordinality, or other mathematical or chemical significance.

Six-Figure Accuracy

A level of precision in numerical calculation or measurement that extends to at least 100,000 but less than 1,000,000.

Superscript

A character, letter, or symbol that is set slightly above the normal line of type, frequently used in mathematical expressions and citations.