Post Utme Caleb University 2020 Geography Question 14
Practice objective / multiple choice question 14 from the 2020 Post Utme Caleb University Geography examination.
A company is considering investing in a new manufacturing facility in a region with a high level of unemployment. The company's economist has identified the following data: labor force = 100,000 people, unemployment rate = 10%, and average wage = ₦50,000 per month. What is the total labor cost for the company if it hires 1,000 workers?
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About This Question
This is Post Utme Caleb University 2020 Geography Question 14. It is one of the objective questions from the 2020 Post Utme Caleb University Geography examination.
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