To raise the number of cleaners at a local school from 10 to 11, the employer must increase the hourly wage from $3.00 to $3.25. What is the marginal cost of labour per hour to the employer?
- A$0.25
- B$3.25
- C$5.75
- D$33.25
Economics 9708 · AS & A Level · Long-run costs and economies of scale
To raise the number of cleaners at a local school from 10 to 11, the employer must increase the hourly wage from $3.00 to $3.25. What is the marginal cost of labour per hour to the employer?