Respond that the following statement is TRUE or FALSE: Purely Pizza Company sells pizzas in two different

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Question:

Respond that the following statement is TRUE or FALSE:

Purely Pizza Company sells pizzas in two different sizes—medium and large. The two products sell in equal numbers. The contribution margin of a medium pizza is $12 and the contribution margin of a large pizza is $18. The weighted average contribution margin is $15.

Also include explanation.