Post Utme Uniben 2024 Economics Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Uniben Economics examination.

Post Utme Uniben 2024 Economics Objective / Multiple Choice
Question 29 POST_UTME_UNIBEN • 2024 • ECONOMICS • objective

The government of a country has implemented a policy to increase agricultural production. If the marginal product of labor is 10 units per hour and the wage rate is ₦50 per hour, determine the optimal number of workers to hire.

Answer Options

A. 10 workers
Correct Answer B. 20 workers
C. 30 workers
D. 40 workers
Correct Answer
B
Correct Option:
20 workers

About This Question

This is Post Utme Uniben 2024 Economics Question 29. It is one of the objective questions from the 2024 Post Utme Uniben Economics examination.

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