Suppose That Real Domestic Output in an Economy Is 20

question 130

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.All else being equal, if the price of each input increased from $4 to $6, productivity would

• A)fall from 2 to 3.
• B)fall from 0.50 to 0.33.
• C)rise from 1 to 2.
• D)remain unchanged.

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Definitions:

Embryo

An embryo is an early stage of development of a multicellular organism following fertilization, prior to becoming a fetus.

Blastocyst

An early stage of embryonic development in mammals; a structure formed in the early development of mammals. It possesses an inner cell mass, which subsequently forms the embryo.

Conception

The process of fertilization where a sperm cell unites with an egg cell, leading to the formation of a zygote.

Dependency

A state of relying on or being controlled by someone or something else.