Re: JNU MA Economics Past Year Paper- 2012
Posted by MI on Apr 29, 2013; 1:03pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-MA-Economics-Past-Year-Paper-2012-tp7580215p7580228.html
@mahi
According to last sentence of the para
(0.005 labor day/ unit output) * 150 Rs/ Daily = 0.75 Rs/ output for worker
Also, para says "non-workers earn rest of the income"
so Rs 0.25 for non workers for producing an unit of output.
Multiply this by Y.