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WAEC Economics 2019 Question 5

Question 5

Tools of Economic Analysis

The wages of a group of workers in dollars are stated below: 40, 30, 70, 20, 60, 10, 10, 80, 30 and 10. What is the mean wage?

  1. A.$35
  2. B.$36
  3. C.$37
  4. D.$38
Show the answer and explanation

Answer: B ($36)

Explanation

Sum = 360; 360 ÷ 10 = $36.