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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 b. $350 d. $900 c. $500

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