Multiple Choice
Suppose that real domestic output in an economy is 20 units,the quantity of inputs is 10,and the price of each input is $4.Answer the following question on the basis of this information. The per-unit cost of production in the economy described is:
A) $.50.
B) $1.
C) $2.
D) $5.
Correct Answer:

Verified
Correct Answer:
Verified
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