Please help me double check, unsure. HELP PLEASE!!!
Suppose that the table below shows an economy's relationship between real output and the inputs needed to produce that output: Input Real - antit- domestic out- o 150 .00 200 a. What is the level of productivity in this economy? Instructions: Round your answer to two decimal places. b. What is the per-unit cost of production if the price of each input unit is $5? Instructions: Round your answer to two decimal places. s I: c. Assume that the input price increases from $5 to $6 with no accompanying change in productivity. What is he new perunit cost of production? Instructions: Round your answer to two decimal places. $ 4.50 In what direction would the $1 increase in input price push the aggregate supply curve? Both price level and real output would remain the same. The aggregate supply curve would shift to the . Price level would decrease and real output would remain the same. Price level would decrease and real output would increase. What effect would this shift of the short-run aggregate supply have on the price level and the level of real outpu J Price leve' WOU'd increase and real 00'9\" WWW decrease- d. Suppose that the increase in input price does not occur but, instead. that productivity increases by 25% percent. What would be the new per-unit cost of production? In what direction would the $1 increase in input price push the aggregate supply curve? The aggregate supply curve would shift to the . What effect would this shift ofthe short-run aggregate supply have on the price level and the level of real output? d. Suppose that the increase in input price does not occur but, instead. that productivity increases by 25% percent. What would be the new perunit cost of production? Instructions: Round your answer to three decimal places. $- What effect would this change in per-unit production cost have on the shortrun aggregate supply curve? The aggregate supply curve will Shift to the . Price level would decrease and real output would remain the same. Both price level and real output would remain the same. What effect would this shift of the short-run aggregate supply have on the price level and the level of real outpu J Price level would decrease and real output would increase. Price level would increase and real output would decrease