Suppose that real domestic output in an economy is 20 units, the quantity of inputs is 10, and the price of each input is $4. Refer to the above information. All else being equal, if the price of each input increased from $4 to $6, productivity would: a fall from 2 to 3. b fall from 0.5 to 0.33. c rise from 1 to 2. d remain unchanged.

In the real domestic output in an economy productivity would “Remain Unchanged”

Explanation:

In the given scenario the real GDP calculation utilizes the costs of the base year while the ostensible GDP is registered utilizing current costs, subsequently when cost increments from $4 to $6 the genuine residential yield will stay unaltered

answer; the correct answer to the above statement is (true);

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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