a) Draw isoquant curves for an economic consulting firm that can always trade two mathematicians for five economists and still keep the output constant. Put mathematicians on the horizontal axis. An isoquant curve is a downward sloping straight line What is the slope of an isoquant curve at point (20,15)? It does not exist What is the slope of an isoquant curve at point (5,25)? It does not exist What is the slope of an isoquant curve at point (5,15)?

Question 3 0.13 / 0.5 pts a) Draw isoquant curves for an economic consulting rm that can always trade two mathematicians for ve economists and still keep the output constant. Put mathematicians on the horizontal axis. An isoquant curve is a downward sloping straight line What is the slope of an isoquant curve at point (20,15)? It does not exist What is the slope of an isoquant curve at point (5,25)? It does not exist What is the slope of an isoquant curve at point (5,15)? [ Select] 3 b) Draw isoquant curves for a mathematics department that requires exactly 3 cups of coffee per each mathematician to produce theorems. Put mathematicians on the horizontal axis. An isoquant curve is [Select] What is the slope of an isoquant curve at point (20,15)? It does not exist What is the slope of an isoquant curve at point (5,25)? It does not exist What is the slope of an isoquant curve at point (5,15)? 0