Economy, asked by tejasvijoshipolitica, 2 months ago

calculate marginal product of last worker if at equilibrium the perfectly competetive firm sells each unit at rs 50 and wage rate is 500 rs a day

Answers

Answered by kimmungtangpua11
0

Answer:

We have. firm sell-50, wage rate -500 .

marginal products:

wage rate-firm sell=500-50=450

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