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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

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 $60. The value added by the business to these products is

Multiple Choice

  • $1,000.
  • $5,000.
  • $1,500.
  • $6,000.

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