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A-LevelEconomicsThe price system and the microeconomy9708/32 · May/June 2018 · Q141 Mark

The total cost to a school of employing ten cleaners is $60 per hour. The school estimates that the hourly marginal cost of employing an eleventh cleaner would be $11.50. By how much would the hourly wage have to increase to employ an additional cleaner? A $0.50 B $0.65 C $2.25 D $11.50

Mark scheme

Marking points from the official mark scheme (May/June 2018). The mark or mark type is shown in brackets.

  1. [1] A

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About this question

Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source
A-Level Economics, May/June 2018 Paper 3 Variant 2, question 14.

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