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QUESTION
A manufacturer uses three (3) grade's of labour. unskilled, semi skilled and skilled to produce unit of product; 2 hour's of unskilled labour,4 hour's of semi skilled labour,and 6 hour's of skilled la
A manufacturer uses three (3) grade's of labour. unskilled, semi skilled and skilled to produce unit of product; 2 hour's of unskilled labour,4 hour's of semi skilled labour,and 6 hour's of skilled labour are required. If hourly wage for unskilled, semi skilled and skilled labour is 60 naira, 80 naira and 120 naira respectively. Determine the average labour wage rate for the product's
