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Suppose a Jar of Orange Marmalade That Is Ultimately Sold

Question 100

Multiple Choice

Suppose a jar of orange marmalade that is ultimately sold to a customer at The Corner Store is produced by the following production process:  Name of Company  Revenues  Cost of Purchased Inputs  Citrus Growers Inc. $0.750 Florida Jam Company $2.00$.75 The Corner Store $2.50$2.00\begin{array} { l c c } { \text { Name of Company } } & \text { Revenues } & \text { Cost of Purchased Inputs } \\\text { Citrus Growers Inc. } & \$ 0.75 & 0 \\\text { Florida Jam Company } & \$ 2.00 & \$ .75 \\\text { The Corner Store } & \$ 2.50 & \$ 2.00\end{array} What is the value added of Citrus Growers Inc.?


A) $0.00
B) $0.50
C) $0.75
D) $1.75

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