Step 1: Define Molar Specific Heat Capacity
For a monatomic gas, the specific heat at constant pressure is:
\[
C_p = \frac{5}{2} R
\]
For a diatomic gas, the specific heat at constant pressure is:
\[
C_p = \frac{7}{2} R
\]
Step 2: Compute the Ratio
The ratio of the specific heats:
\[
\frac{C_{p,\text{monatomic}}}{C_{p,\text{diatomic}}} = \frac{5}{7}
\]
Thus, the correct answer is \( 5:7 \).