Table Value.1: Sales Value Production Sale Stage Value Farmer sells wheat $0.22 Miller sells flour $0.28 Baker sells bread $0.36 (wholesale) Grocer sells bread (retail) $0.50 cording to Table Value.1, the value added by the baker is O $0.06 O $0.14 $0.08 O $0.22

Table Value.1: Sales Value Production Sale Stage Value Farmer sells wheat $0.22 Miller sells flour $0.28 Baker sells bread $0.36 (wholesale) Grocer sells bread (retail) $0.50 cording to Table Value.1, the value added by the baker is O $0.06 O $0.14 $0.08 O $0.22

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Table Value.1: Sales Value
Production
Sale
Stage
Value
Farmer sells wheat
$0.22
Miller sells flour
$0.28
Baker sells bread
$0.36
(wholesale)
Grocer sells bread (retail)
$0.50
According to Table Value.1, the value added by the baker is
--- -
O $0.06
O $0.14
O $0.08
O $0.22

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