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Stage of Production Seller BUNGE Price Value Added Steel mill Auto manufacturer $10.010 Auto manufacturer Auto dealer 18 010 8,000 Auto dealer Consumer 25,000 7.000
Stage of Production Seller BUNGE Price Value Added Steel mill Auto manufacturer $10.010 Auto manufacturer Auto dealer 18 010 8,000 Auto dealer Consumer 25,000 7.000 . Consider the table above showing three stages of production of an automobile. The value added by the automobile manufacturer equals (A) $7,000 (B) $8,000 (C) $10,000 (D) $18,000
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