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Suppose a Jar of Orange Marmalade That Is Ultimately Sold

Question 47

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 sum of the value added of all the firms?


A) $2.50
B) $2.75
C) $4.50
D) $5.25

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