Suppose the going price of pizza is $11 per pie, the cost of the ingredients used...

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Suppose the going price of pizza is $11 per pie, the cost of the ingredients used to produce pizza is $7, and marginal produc

business economics

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Answer 1

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value of the marginal product =price * marginal product
=11*150
=1650
the value of the marginal product is $1650

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Answer 2

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