Multiple Choice
In Shoetown,a rancher takes $0 worth of inputs and produces animal skins,which he sells to the tanner for $400.The tanner then sells leather to the shoemaker for $700,and the shoemaker then sells $1200 worth of shoes.The value added from these transactions is
A) $800.
B) $1000.
C) $1200.
D) $2300.
E) $2500.
Correct Answer:
Verified
Correct Answer:
Verified
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