Multiple Choice
If a firm hires labor for $6,000,pays rent of $2,000,buys raw materials for $10,000 from another firm,earns profits of $800,and sells its output for $25,000,the value added by the firm is _____.
A) $6,200
B) $9,000
C) $15,000
D) $18,000
E) $18,800
Correct Answer:
Verified
Correct Answer:
Verified
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