Multiple Choice
If a firm hires labor for $20,000,pays rent of $12,000,buys raw materials for $6,000,earns profits of $3,000,and sells its output for $41,000,the firm's value added is
A) $0
B) $15,000
C) $35,000
D) $38,000
E) $41,000
Correct Answer:
Verified
Correct Answer:
Verified
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