QUESTION 22 Mr Naidoo owns a farm where he specialises in the production of vegetables. There has been increases in dema
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QUESTION 22 Mr Naidoo owns a farm where he specialises in the production of vegetables. There has been increases in dema
QUESTION 22 Mr Naidoo owns a farm where he specialises in the production of vegetables. There has been increases in demand for vegetable as people are being health conscious. Mr Naidoo decides to hire more workers. The figure below shows variable inputs of labour being added to a constant amount of resources. Marginal cost will be at a minimum for Mr Naidoo when he is hiring Marginal and average product A. Q3 workers Marginal Product D. Q1 workers Q₁ B. Q2 workers C. More than Q3 workers Average product (4 Marks) Inputs of labour