Page 1 of 1
(4 Marks) Mr Naidoo owns a farm where he specialises in the production of vegetables. There has been increases in demand
Posted: Wed Jul 06, 2022 6:29 pm
by answerhappygod
- 4 Marks Mr Naidoo Owns A Farm Where He Specialises In The Production Of Vegetables There Has Been Increases In Demand 1 (50.07 KiB) Viewed 21 times
(4 Marks) 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
QUESTION 22 Magn and average product A. Q3 workers Marginal Product B. Q2 workers C. More than Q3 workers D. Q1 workers Average product 2 Inputs of labour