Economics 9708 · AS & A Level · Long-run costs and economies of scale

Long-run costs and economies of scale — practice question

The chart shows data on the mean daily wage rate across all industries in India. What might have led to this pattern in wage rates?

  • Aan increase in capital-intensive production
  • Ban increase in the number of industrial workers
  • Can increase in the number of people unemployed
  • Dan increase in the productivity of labour

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