Multiple Choice
In an economy, it costs $1,500 to produce 2,000 units of output. If the costs increase to $2,500, then the per unit cost of production will have increased from
A) $0.75 to $1.25.
B) $0.75 to $1.00.
C) $1.33 to $1.75.
D) $0.80 to $1.33.
Correct Answer:
Verified
Correct Answer:
Verified
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