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Joe produces $150 worth of cotton, which he sells to Kem who uses it to produce cloth, which he sells to Zara for $500. Zara
Joe produces $150 worth of cotton, which he sells to Kem who uses it to produce cloth, which he sells to Zara for $500. Zara uses the cloth to produce shirts, which she sells for $900. The value added by Zara is: a. $400 d. $900 b. $350 c. $500
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Managerial Economics
Authors: Mark Hirschey
12th edition
9780324584844, 324588860, 324584849, 978-0324588866
