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?

Assessment: WAEC SSCE - Economics - 1988 (Objective) Subject: Economics

Question 1 Report

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?

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