Suppose that an economy produces 2400 units of output, employing the 60 units of input, and the price of the input is $30 per unit.
Refer to the information above. All else equal, if the price of each unit of input decreased from $30 to $20, then productivity would:
A. Increase from $40 to $90 and aggregate supply would decrease
B. Increase from $50 to $60 and aggregate supply would decrease
C. Increase from $60 to $70 and aggregate supply would increase
D. Remain unchanged but aggregate supply would increase
D. Remain unchanged but aggregate supply would increase
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