Suppose that real domestic output in an economy is 2400 units, the quantity of inputs is 60, and the price of each input is $30. If productivity increased such that 3000 units are now produced with the quantity of inputs still equal to 60, then per-unit production costs would:

Answers

Answer 1
Answer:

Answer:

Per-unit production costs would decrease.

Explanation:

Real domestic output in an economy is 2400 units.

The quantity of inputs is 60, and the price of each input is $30.

Total cost of producing 2400 units

= 60 \ *\ 30

= 1,800

Per unit cost of producing 2400 units

= (1,800)/(2,400)

= 0.75

Total cost of producing 3000 units

= 60 \ *\ 30

= 1,800

Per unit cost of producing 3000 units

= (1800)/(3,000)

= 0.6

If productivity increased such that 3000 units are now produced with the quantity of inputs still equal to 60, per unit production cost will decrease.


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Answers

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examples (specific instances of a general idea)
anecdotes (brief stories that illustrate a point)
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Answers

Answer:

all of the above

Explanation:

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Answers

The right answer for the question that is being asked and shown above is that: "B) The rate remains the same, even if income increases or decreases." the rate of a proportional tax change with income is that B) The rate remains the same, even if income increases or decreases.

The correct answer is

B- The rate remains the same, even if income increases or decreases.

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Answers

Answer:

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