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[ No Diagram ] A firm begins the year holding 1 0 0 dollars in raw materials inventory and 2 0 0 dollars in finished

[No Diagram] A firm begins the year holding 100 dollars in raw materials inventory and 200 dollars in finished goods inventory. During the current year they purchase 900 dollars in raw materials and produce 1400 dollars of finished goods. At year end the firm holds 300 dollars in raw materials inventory and 100 dollars in finished goods inventories. The firm pays 100 dollars in salaries. There are no taxes or subsidies. Calculate Value Added for this firm.
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