=+5. In the economy of Pizzania (from Problem 4), bread and cheese produced are sold both to

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=+5. In the economy of Pizzania (from Problem 4), bread and cheese produced are sold both to the pizza company for inputs in the production of pizzas and to consumers as final goods. The accompanying table summarizes the activities of the three companies.

Bread comp | Cheese com | Pizza comp any pany ay)

Gxt of inpu $0 So. $50 (bread)

35 (cheese)

Wages 25 30 5 Value of out 100 60 200 put

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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