Suppose That an Economy Produces 300 Units of Output, Employing

question 200

Multiple Choice

Suppose that an economy produces 300 units of output, employing 50 units of input, and the price of the input is $9 per unit. The level of productivity and the per-unit cost of production are

• A) 1.50 and $6.00, respectively.
• B) 6 and $1.50, respectively.
• C) 5 and $6.00, respectively.
• D) 5 and $1.50, respectively.

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Definitions:

Frontline Workers

Employees who are directly engaged with customers or the primary operations of the business, often facing the customers first.

Professionalism

The conduct, behavior, and attitude expected of an individual in a work or business environment, demonstrating competence and ethical standards.

Ethics

The study of what is right and wrong, encompassing moral principles that govern a person's behavior or the conducting of an activity.

Extra Mile

Going beyond what is required or expected in order to achieve excellence or demonstrate commitment.