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I am struggling with a homework assignment! Answer the following questions regarding the production of paper. Step Description Total Sales (in $) 1 Harvesting the

I am struggling with a homework assignment! Answer the following questions regarding the production of paper.

Step Description Total Sales (in $)
1 Harvesting the trees 500,000
2 Convert the trees into pulp 1,250,000
3 Turn the pulp into paper 2,500,000
4 Sell the paper 6,000,000

  1. Calculate the value added for each step.

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