A firm has the production function f(x, y) = 60x 4/5 y1/5.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
Correct Answer:
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