Economics WAEC

An entrepreneur will continue to employ labour up to a point where?

A. costs are minimized
B. maximized efficiency is attained
C. wages are equal to marginal product of labour
D. marginal product of labour is equal to zero

Correct Answer:

Option C – wages are equal to marginal product of labour

AddThis Website Tools
Sunday

Share
Published by
Sunday
Tags: economics

Recent Posts

LIN 309 Theory Questions: Short Notes on Phonetic Processes

300 Level Department of Linguistics And Nigerian Languages exam questions and detailed answers. Download the answers…

1 hour ago

LIN 309 Theory Question: Distinction Between Articulation Types: Normal vs. Displaced and Weak vs. Strong

300 Level Department of Linguistics And Nigerian Languages exam questions and detailed answers. Download the answers…

1 hour ago

LINK 309 Theory Question: Approximants in Phonetics: A Detailed Description

300 Level Department of Linguistics And Nigerian Languages exam questions and detailed answers. Download the answers…

2 hours ago

LIN 309 Theory Question: Stop Sounds in Linguistics: A Comprehensive Analysis

300 Level Department of Linguistics And Nigerian Languages exam questions and detailed answers. Download the answers…

2 hours ago

LIN 309 Theory Question: Speech Generation Mechanism: Types and Detailed Discussion

300 Level Department of Linguistics And Nigerian Languages exam questions and detailed answers. Download the answers…

3 hours ago

LIN 305 Theory Question: Stages Involved in Language Vitalization

300 Level Department of Linguistics And Nigerian Languages exam questions and detailed answers. Download the answers…

3 hours ago