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A firm has the production function f(x1, x2) = x1x2^1/2. The isoquant on which output is80^1/2has the equation a. x1/x2 = 2 b. x1 =
A firm has the production function f(x1, x2) = x1x2^1/2. The isoquant on which output is80^1/2has the equation
a. x1/x2 = 2
b. x1 = 0.5x2^-0.5
c. x2 = 80/x^1/2
d. x2 = 80/x1^2
e. x2 = 80x1^2
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Environmental Economics
Authors: Barry Field, Martha K Field
5th Edition
0073375764, 9780073375762
