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A firm's production function is q(x,y)=26x0.75y0.25, where x and y are the amounts of factors X and Y that the firm uses as inputs. If
A firm's production function is q(x,y)=26x0.75y0.25, where x and y are the amounts of factors X and Y that the firm uses as inputs. If the firm is minimizing unit costs and if the price of factor X is 2 times the price of factor Y, the ratio in which the firm will use factors X and Y is closest to :
Select one:
a.x/y=0,67
b.No answer
c.x/y=3
d.x/y=6
e.x/y=1,5
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