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Suppose that an economy produces 1,800 units of output, employing 10 units of input, and the price of the input is $36 per unit. The
Suppose that an economy produces 1,800 units of output, employing 10 units of input, and the price of the input is $36 per unit. The per-unit cost of production is
Multiple Choice
- $0.20.
- $0.40.
- $0.10.
- $0.18.
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