Solution-Every additional worker employed output

Every additional worker employed output

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Assuming that the output per worker is R122 000 and for every additional worker employed output will increase with R122 000 (in other words, constant returns apply). By how much will employment increase if the economy grows at 3.5%?

Reference no: EM131186227

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Every additional worker employed output

Reference no: EM131186227

Reference no: EM131186227

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