Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

A business buys $2,000 worth of inputs from other firms in order to produce a product. The business makes 100 units of the product and

A business buys $2,000 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 $50. The value added by the business to these products is

Multiple Choice

$3,000.
$5,000.
$2,000.
$1,000.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Economics

Authors: Dominick Salvatore

12th edition

9781118955727, 1118955765, 1118955722, 978-1118955765

More Books

Students also viewed these Economics questions

Question

★★★★★

What are three reasons firms choose to diversify their operations?

Answered: 1 week ago

Question

★★★★★

Find the flux of F over the closed surface. (Let N be the outward unit normal vector of the surface.) F(x, y, z) = (x + y)i + yj + zk S: z = 16x - y, z = 0

Answered: 1 week ago

Question

★★★★★

How can the fields of financial counseling and coaching increase their credibility and quality of services?

Answered: 1 week ago

Question

★★★★★

PART 1 Dr. Jacobs West is an investment manager for Prokop Investments. He is currently faced with the question of which company to invest in. There are five potential investment companies located...

Answered: 1 week ago

Question

★★★★★

What device hardening technique might be found amongst a row of stores in a shopping mall to ensure that the different stores have network segmentation from each other

Answered: 1 week ago

Question

★★★★★

Present Value of Bonds Payable; Discount Plinder Co. produces and sells high-quality video equipment. To finance its operations, Plnder Co. Issued $25,000,000 of five year, 7% bonds, with Interest...

Answered: 1 week ago

Question

★★★★★

An organisation chart graphically depicts an organisation structure. It shows how the work of different people in the organisation coordinated and integrated ( Chandler , 1 9 8 8 ) . Construction...

Answered: 1 week ago

Question

★★★★★

1. AS THE AIRBUS A-380 IS WIDELY CONSIDERED A TECHNOLOGICAL MARVEL, IT IS HARD TO COMPREHEND WHY THE OF SALES OF THIS AERONAUTICAL PRODUCT IS DECLINING. HAVING BUILT A STATE-OF-THE-ART AIRCRAFT, THEN...

Answered: 1 week ago

Question

★★★★★

John Wozniak works as a cashier at a playground equipment retail outlet. With no supervisor approval required, John was able to process fictitious refunds for customer sales. What scheme is this?...

Answered: 1 week ago

Question

★★★★★

Identify a potential trade opportunity ,which you will be expected to research in order to justify the proposed trade and to provide the investors an overview of its potential,including...

Answered: 1 week ago

Question

★★★★★

Comprehension: Wooden chair manufacturing is a huge business for families living in the outskirts of Moradabad, Uttar Pradesh. These families, around a hundred in number, have been making wooden...

Answered: 1 week ago

Question

★★★★★

Triton is a company producing speed boats. It considering investing in a new project. The project will generate revenues of $18 million in its first year of operation, and these revenues will grow at...

Answered: 1 week ago

Question

★★★★★

4. Give examples from your everyday life where the process affects the result, but where the result also affects the process.

Answered: 1 week ago

Question

★★★★★

6. Give examples of circular patterns in a communication situation that you have participated in, where element A affects B, and B affects A.

Answered: 1 week ago

Question

★★★★★

3. Find examples from your everyday life of people or situations that fit the Ithaca Syndrome.

Answered: 1 week ago

Previous Question Next Question