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Question 77

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Use the following to answer questions .
Exhibit: Stages in the Production of an Office Building
Use the following to answer questions . Exhibit: Stages in the Production of an Office Building -(Exhibit: Stages in the Production of an Office Building) A mining firm extracts iron from the earth. A steel mill converts the iron to steel beams for use in construction. A construction company uses the steel beams to make a building. Assume that the total product of these firms represents the only components of the building and that they will have no other uses. What is the value added by Fuller Mill? A) $325,000 B) $225,000 C) $125,000 D) $100,000
-(Exhibit: Stages in the Production of an Office Building) A mining firm extracts iron from the earth. A steel mill converts the iron to steel beams for use in construction. A construction company uses the steel beams to make a building. Assume that the total product of these firms represents the only components of the building and that they will have no other uses. What is the value added by Fuller Mill?


A) $325,000
B) $225,000
C) $125,000
D) $100,000

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