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A pizza shop's marginal product of labor, measured as the number of pizzas delivered per week, is MP,= 55 -5L, where Lis the number of
A pizza shop's marginal product of labor, measured as the number of pizzas delivered per week, is MP,= 55 -5L, where Lis the number of workers. The average price of a pizza in this highly competitive market is $10. The shop can hire workersat the market wage of $300 per week, There is a diminishing mareinal product of labor when worker number is hired
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