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7 workers work in a printing press. Each gets Rs. 450 per day. The 8th worker demands Rs. 500 per day. If this worker is hired then all other workers must be paid Rs. 500. The marginal resource (labour) cost of the 8th worker is

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Combined Graduate Level Examination (CGLE) is a national-level examination conducted by SSC to recruit suitable candidates for different Group B and Group C posts under Government of India.

7 workers work in a printing press. Each gets Rs. 450 per day. The 8th worker demands Rs. 500 per day. If this worker is hired then all other workers must be paid Rs. 500. The marginal resource (labour) cost of the 8th worker is






 
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