Assume 30,000 Units of an Input Currently Costing $2

question 20

Multiple Choice

Assume 30,000 units of an input currently costing $2.00 per unit were consumed to produce 6000 outputs in the first six months of the fiscal year. How much should be budgeted for the next year assuming output remains at 1,000 units per month and a 10% price increase is expected in the first month of the budget year?

• A) $66,000
• B) $120,000
• C) $132,000
• D) $220,000
• E) None of the above

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Definitions:

Acts of Resistance

Behaviors or actions undertaken to oppose and challenge authority or prevailing norms.

Daydreaming

A short-term detachment from one’s immediate surroundings, during which a person's contact with reality is blurred and partially substituted by a visionary fantasy.

Social Changes

Adjustments or transformations in the structure, organization, and dynamics of a society over time.

Agricultural Revolution

A period marked by significant changes in farming practices, leading to increased crop yields and the rise of sedentary human civilization.