Suppose That an Economy Produces 2,400 Units of Output, Employing

question 143

Multiple Choice

Suppose that an economy produces 2,400 units of output, employing 60 units of input, and the price of the input is $30 per unit. The level of productivity in this economy is

• A) 20.
• B) 30.
• C) 40.
• D) 50.

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Definitions:

Trillion Cells

The approximate number of cells that make up the human body, comprising various types essential for overall function and health.

Billion Cells

A reference to a quantity, indicating an organism or structure composed of approximately one billion cells.

Human Body

The physical structure of a person, comprising various biological systems that ensure survival and reproduction.

Multicellularity

The condition of an organism being composed of more than one cell, which allows for the differentiation of cells into specialized types and forms.