Gino's Pizza shop hires workers in a competitive market to make pizza. The ingredients required to make each pizza cost $5. Daily output at Gino's Pizza varies with the number of workers hired, as shown in the table below:
If pizzas sell for $8 each, what is the value marginal product for the 4th worker?
A) $96 per day
B) $112 per day
C) $48 per day
D) $128 per day
Correct Answer:
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