15. Enchante Inc., a designer clothing company buys $400 worth of silk from a silk trader, and $30 worth of accessories from AccessoriesRUs to produce each dress. If the value-added by Enchante is equal to $300, then according to the value-added approach, the price of the designer dress should be: A) $430. B) $300. C) $730. DY $100

15. Enchante Inc., a designer clothing company buys $400 worth of silk from a silk trader, and $30 worth of accessories from AccessoriesRUs to produce each dress. If the value-added by Enchante is equal to $300, then according to the value-added approach, the price of the designer dress should be: A) $430. B) $300. C) $730. DY $100

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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15. Enchante Inc., a designer clothing company buys $400 worth of silk from a silk trader,
and $30 worth of accessories from AccessoriesRUs to produce each dress. If the
value-added by Enchante is equal to $300, then according to the value-added approach,
the price of the designer dress should be:
A) $430.
B) $300.
C) $730.
D) $400.

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