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(Figure: Capital and Labor XVI) Consider the Production Function Q

Question 1

Multiple Choice

(Figure: Capital and Labor XVI) Consider the production function Q = L0.5K0.5, with MPK = L0.5/K0.5 and MPL = K0.5/L0.5. (Figure: Capital and Labor XVI) Consider the production function Q = L<sup>0.5</sup>K<sup>0.5</sup>, with MP<sub>K</sub> = L<sup>0.5</sup>/K<sup>0.5</sup> and MP<sub>L</sub> = K<sup>0.5</sup>/L<sup>0.5</sup>. The slope of the isoquant at Point A is ____. A) -81 B) 81 C) -9 D) 9 The slope of the isoquant at Point A is ____.


A) -81
B) 81
C) -9
D) 9

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