Information About Blair Company Is as Follows -Refer to the Figure

question 15

Multiple Choice

Information about Blair Company is as follows:
$\begin{array}{lcr}&20 \times 1 & 20 \times 2\\\text { Output (units) } & 12,000 & 13,000 \\\text { Input quantities: } &\\\text { Materials (kg) } & 3,750 & 4,000 \\\text { Input prices: } &\\\text { Materials (per kg) }& \$ 2 & \$ 3\end{array}$
-Refer to the figure.What is the partial operational productivity measure for materials for 20X1?

• A)0.3125
• B)0.6250
• C)3.2000
• D)3.2500

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Definitions:

Government Cuts Taxes

A policy action where the government reduces the rate or amount of taxes levied on individuals or businesses, aiming to stimulate economic activity.

People's Incomes

The total earnings received by individuals from all sources, including wages, salaries, benefits, and investment income.

Crowding-out Effect

A situation where increased government spending leads to a reduction in private sector spending and investment, often due to higher interest rates.

Government Expenditures

The total amount spent by the government on various services, including healthcare, education, and infrastructure.