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Suppose That an Economy Produces 2,400 Units of Output, Employing

Question 228

Multiple Choice

Suppose that an economy produces 2,400 units of output, employing 60 units of input, and the price of the input is $30 per unit. The level of productivity in this economy is


A) 20.
B) 30.
C) 40.
D) 50.

Correct Answer:

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