Question: 4. Consider the production function f(K, L) = 4(K0.5 + L0.5)-2, where K, L > 0. Let I be the isoquant containing the point

4. Consider the production function f(K, L) = 4(K0.5 + L0.5)-2, where K, L > 0. Let I be the isoquant containing the point (K, L) = (8,4). Calculate the slope of isoquant I at point (K, ).

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