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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
Posted: Wed Jul 06, 2022 6:29 pm
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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 1 (204.71 KiB) Viewed 19 times
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 Mrgned and average product 0 Marginal Product Q₁ A.Q3 workers B.Q2 workers C. More than Q3 workers D.Q1 workers Q₂ Average product Q Inputs of labour (4 Marks) Focus 88