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Suppose that an economy produces 2,400 units of output, employing 40 units of input, and the price of the input is $30 per unit. The

Suppose that an economy produces 2,400 units of output, employing 40 units of input, and the price of the input is $30 per unit. The level of productivity in this economy is

  • 60.
  • 80.
  • 70.
  • 90.

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