(2
1. One mit of Commodity is produced by combining
I that of hand, 2 units
of
Labou...
Biology, 31.10.2020 02:40 stefkellum58
(2
1. One mit of Commodity is produced by combining
I that of hand, 2 units
of
Labour and 5 units of capital. Also I ait op commodity is -
duced by 2 units of hand, 3 writs of Labour and write of capital simizarly, I unit of
disc results from the use of 3 units of land, & erit of Labour and a cents of caped
Assuming that the price of commoditie Al and are repeconely Pa = N270, P8N160 and
Pe=N190 find the total rent (e) the wages (w) and interest of the three resources.
Answers: 3
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