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A business buys $5,000 worth of resources to produce a product. The business makes 100 units of the product and each of them sells for $65. The value added by the business to these products is: 14 Multiple Choice $5,000 $6,500 $1,000 $1,500

A business buys $5,000 worth of resources to produce a product. The business makes 100 units of the product and each of them sells for $65. The value added by the business to these products is: 14 Multiple Choice $5,000 $6,500 $1,000 $1,500

Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter5: Buying The Necessities
Section: Chapter Questions
Problem 9AA
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A business buys $5,000 worth of resources to produce a product. The business makes 100 units of the product and each of them sells for $65. The value added by the business to these products is: 14 Multiple Choice $5,000 $6,500 $1,000 $1,500
Transcribed Image Text:A business buys $5,000 worth of resources to produce a product. The business makes 100 units of the product and each of them sells for $65. The value added by the business to these products is: 14 Multiple Choice $5,000 $6,500 $1,000 $1,500
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