If a producer sells 1kg of rice for N20 and his marginal products is 100kg, what is the highest wage he can pay the marginal labourer?

By: |Published on: Aug 8|Categories: Economics WAEC| 0 comments

A. N 20.00
B. N 30.00
C. N 50.00
D. N 100.00
E. N 200.00

Correct Answer:

Option E – N 200.00

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