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

Long-run costs and economies of scale — practice question

The diagram illustrates one individual’s labour supply curve. He has been offered a job that would require him to work a standard 40-hour week. Which area shows the amount needed to persuade him to accept this job offer?

  • Aw + z
  • Bx + y
  • Cx + y – z
  • Dw + x + z + y

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