Question: Explain that the following statement is TRUE or FALSE: Purely Pizza Company sells pizzas in two different sizesmedium and large. The number of medium pizzas

Explain that the following statement is TRUE or FALSE:

Purely Pizza Company sells pizzas in two different sizes—medium and large. The number of medium pizzas sold is twice the number of large pizzas sold. The contribution margin of a medium pizza is $10 and the contribution margin of a large pizza is $16. The weighted average contribution margin is $15.

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