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Suppose that real domestic output in an economy is 300 units, the quantity of inputs is 50 and the price of each input is $9. the per-unit cost of production is: $0.67 $1.50 $33.33 $55.00
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Suppose that real domestic output in an economy is 300 units, the quantity of inputs is 50 and the price of each input is $9. the per-unit cost of production is: $0.67 $1.50 $33.33 $55.00

User Kohlbrr
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Total Cost of Input=$9*50units

=$450

Cost per unit of productions=Total Cost/Output

=450/300

=$1.50 per unit

User Ga
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