Select for a&b: An isoquant curve is a vertical line/ horizontal line/ upward sloping straight line/ upward sloping curve which is not a straight line/ downward sloping straight line/ downward sloping curve which is not a straight line/ L shaped Slope: 0/-0.4/-2.5/-5/0.4/2.5/5/infinite/it does not existone of the above

a) Draw isoquant curves for an economic consulting firm that can always trade two mathematicians for seven economists and still keep the output constant. Put mathematicians on the horizontal axis. . An isoquant curve is [Select ] . What is the slope of an isoquant curve at point (15,15)? [ Select ] . What is the slope of an isoquant curve at point (5,23)? [ Select ] . What is the slope of an isoquant curve at point (5,20)? [ Select ] b) Draw isoquant curves for a mathematics department that requires exactly 4 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 (15,15)? [ Select ] . What is the slope of an isoquant curve at point (5,23)? [ Select ] . What is the slope of an isoquant curve at point (5,20)? [ Select ]