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A Business Buys $5,000 Worth of Inputs from Other Firms

Question 131

Multiple Choice

A business buys $5,000 worth of inputs from other firms in order to produce a product. The business makes 100 units of the product and each of them sells for $65. The value added by the business to these products is:


A) $5,000
B) $6,500
C) $1,500
D) $1,000

Correct Answer:

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