An entrepreneur will continue to employ labour up to a point where?
ECONOMICS
JAMB 1999
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: C. wages are equal to marginal product of labour
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *