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Suppose That an Economy Produces 2400 Units of Output, Employing

Question 64

Multiple Choice

Suppose that an economy produces 2400 units of output, employing the 60 units of input, and the price of the input is $30 per unit. Refer to the information above. The level of productivity in this economy is:


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

Correct Answer:

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