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Edexcel A-Level Economics AS Qs6 Revenue Cost and Profit Calculations Questions

Practise calculating the marginal labour cost of one extra hire when the higher wage must also be paid to every existing worker.

Syllabus
First assessment 2019
Course
Economics XEC11/YEC11
Level
AS

Exam points

  • calculate marginal labour cost from the change in total wages when one extra worker raises every wage

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