(Figure: Capital and Labor XVI) Consider the production function Q = L^0.5K^0.5, with MP_K = L^0.5/K^0.5 and MP_L = K^0.5/L^0.5. The slope of the isoquant at Point B is ____. A) -9 B) 9 C) -1 D) 1

Question

Quizplus · Accepted Answer

The Answer of (Figure: Capital and Labor XVI) Consider the production function Q = L^0.5K^0.5, with MP_K = L^0.5/K^0.5 and MP_L = K^0.5/L^0.5. The slope of the isoquant at Point B is ____. A) -9 B) 9 C) -1 D) 1

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