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The Following Table Gives Information About the Relationship Between Input

Question 109

Multiple Choice

The following table gives information about the relationship between input quantities and real domestic output in a hypothetical economy: The following table gives information about the relationship between input quantities and real domestic output in a hypothetical economy: If the price of each input is $5, the per unit cost of production in the above economy is: A) $5 B) $2.75. C) $2.50. D) $.40. If the price of each input is $5, the per unit cost of production in the above economy is:


A) $5
B) $2.75.
C) $2.50.
D) $.40.

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