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Average and Marginal Cost of Labour (Labour Markets)

Level:
A-Level, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 4 Jul 2018

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The marginal cost of employing labour is the change in total labour costs from employing one extra worker.

Average and Marginal Cost of Labour - revision video
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