In a perfectly competitive condition, a firm uses 10 units of labour at N25 and
ECONOMICS
JAMB 2008
In a perfectly competitive condition, a firm uses 10 units of labour at N25 and 11 units at N36, what is the marginal cost of labour?
- A. N396
- B. N323
- C. N250
- D. N146
Correct Answer: D. N146
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