Multiple Choice
Assume that a manufacturer of stereo speakers purchases $40 worth of components for each speaker.The completed speaker sells for $70.The value added by the manufacturer for each speaker is
A) $110.
B) $30.
C) $40.
D) $70.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q12: GDP excludes<br>A) the market value of unpaid
Q14: If in some year gross investment was
Q113: Most activities in the so-called underground economy
Q115: National income is the sum of employee
Q117: Gross domestic product (GDP) measures and reports
Q119: If the University of Missouri, a public
Q120: Suppose a nation's 2010 nominal GDP was
Q121: In the expenditures approach, transfer payments such
Q123: In an economy, the total expenditures for
Q169: Personal income usually exceeds disposable income.