A Firm Has the Production Function F(x₁, X₂)= X⁰

question 16

Multiple Choice

A firm has the production function f(x₁, x₂) = x^0.60₁x^0.30₂.The isoquant on which output is 80^3/10 has the equation

• A)x₂ = 80x^-2₁.
• B)x₂ = 80x^3.33₁.
• C)x₁/x₂ = 2.
• D)x₂ = 80x^-0.30₁.
• E)x₁ = 0.30x^-0.70₂.

---

Definitions:

Terms

Conditions or stipulations specified in an agreement, contract, or understanding between parties.

Active Listening

A method of communication where the listener fully focuses on the speaker, comprehends their message, offers responses, and remembers what was conveyed.

One-Way Communication

One-way communication describes a process where information is sent from a sender to a receiver without expecting or receiving any feedback or response.

Listener Involvement

The engagement and active participation of an audience member in the communication process.