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Joseph produces $150 worth of cotton, which he sells to Ken who uses it to produce cloth, which he sells to Sara for $500. Sara
Joseph produces $150 worth of cotton, which he sells to Ken who uses it to produce cloth, which he sells to Sara for $500. Sara uses the cloth to produce shirts, which she sells for $900. The value added in production by Sara is: Blank 1
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
