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This Problem Will Be Easier If You Have Done Problem

Question 2

Multiple Choice

This problem will be easier if you have done Problem 1. A firm has the production function $f(x1, x2) = x11x0.502. The isoquant on which output is This problem will be easier if you have done Problem 1. A firm has the production function $f(x<sub>1</sub>, x<sub>2</sub>)  = x<sup>1</sup><sub>1</sub>x<sup>0.50</sup><sub>2</sub>. The isoquant on which output is   has the equation A)  = 2. B)  x<sub>2</sub> = 80x<sup>-</sup><sup>0.50</sup><sub>1</sub>. C)  x<sub>2</sub> = 80x<sup>-</sup><sup>2</sup><sub>1</sub>. D)  x<sub>2</sub> = 80x<sup>2</sup><sub>1.</sub> E)  x<sub>1</sub> = 0.50x<sup>-</sup><sup>0.50</sup><sub>2</sub> has the equation


A) = 2.
B) x2 = 80x-0.501.
C) x2 = 80x-21.
D) x2 = 80x21.
E) x1 = 0.50x-0.502

Correct Answer:

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