Table 11-2 Assume that the farmer grows wheat and sells it to the miller, the miller turns the wheat into flour and sells it to the baker, and the baker turns the flour into bread and sells it to the final consumer. Producer Price Paid For Intermediate Goods Price Sells For Farmer $0 $0.60 Miller $0.60 $1.40 Baker $1.40 $2.50 Note: This table summarizes the situation prior to the value added tax (VAT). Refer to Table 11-2. The value added by the farmer is ______________. If the government imposes a VAT rate of 10 percent, the farmer must pay ___________ in VAT tax and will need to raise the price he charges the miller to _______________. a. $0.60; $0.06; $0.66 b. $0.80; $0.08; $0.88 c. $1.40; $0.14; $1.54 d. $0.60; $0.60; $1.20