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Assume that a manufacturer of stereo speakers purchases $50 worth of components for each speaker. The completed speaker sells for $70. The value added by

Assume that a manufacturer of stereo speakers purchases $50 worth of components for each speaker. The completed speaker sells for $70. The value added by the manufacturer for each speaker is

Multiple Choice

$3,500.
$20.
$70.
$50.
$120.

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