ECONOMICS

JAMB 2008 - Question 22

Economics 2008 JAMB Past Questions - Question 22: In a perfectly competitive condition, a firm uses 10 units of labour at # 25 and 11 units at # 36, what is the marginal cost of labour?

Choose the correct answers from the options given.
In a perfectly competitive condition, a firm uses 10 units of labour at # 25 and 11 units at # 36, what is the marginal cost of labour?
A:
B:
C:
D:
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Correct Answer

D

Explanation