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In the economy, suppose that in a given year $100 worth of trees are produced.These trees are sold to paper producers who in turn produce
In the economy, suppose that in a given year $100 worth of trees are produced.These trees are sold to paper producers who in turn produce $183 worth of paper.Half of that is sold to consumers. The rest is sold to the producers of books who produce $115 worth of books and sell them to the consumers.What is the value added of tree producers?
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