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This Problem Will Be Easier If You Have Done Problem

Question 12

Multiple Choice

This problem will be easier if you have done Problem 1. A firm has the production function $f(x1, x2) = x0.901x0.302. 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>0.90</sup><sub>1</sub>x<sup>0.30</sup><sub>2</sub>. The isoquant on which output is   has the equation A)  x<sub>2</sub> = 80x<sup>3.33</sup><sub>1</sub>. B)  x<sub>2</sub> = 80x<sup>23</sup><sub>1</sub>. C)  = 3. D)  x<sub>2</sub> = 80x<sup>-</sup><sup>0.30</sup><sub>1.</sub> E)  x<sub>1</sub> = 0.30x<sup>-</sup><sup>0.70</sup><sub>2</sub>. has the equation


A) x2 = 80x3.331.
B) x2 = 80x231.
C) = 3.
D) x2 = 80x-0.301.
E) x1 = 0.30x-0.702.

Correct Answer:

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