The table below shows the total number of loaves of bread a bakery can bake per year with different numbers of ovens.The market for bread is perfectly competitive,with a market price of $2 per loaf.For which oven is the value of marginal product equal to $1400?
A) oven 1
B) oven 2
C) oven 3
D) oven 4
E) none of the ovens has value of marginal product equal to $1400
Correct Answer:
Verified
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