Multiple Choice
A good goes through three stages of production. The value added at stage 1 is $3; the value added at stage 2 is $5; the value added at stage 3 is $2. What is the retail price of the good?
A) $2
B) $10
C) $20
D) Cannot be determined based on the information given.
Correct Answer:
Verified
Correct Answer:
Verified
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