Question
Wheat in a loaf of bread sells for $0.50 Flour in a loaf of bread sells for $1.00 The baker sells a loaf of bread
Wheat in a loaf of bread sells for $0.50
Flour in a loaf of bread sells for $1.00
The baker sells a loaf of bread to a wholesaler for $4.00
The wholesaler sells the loaf of bread to a retailor for $4.80
The retailor sells the loaf of bread to the final consumer for $5.50
The value added by the baker is___and the value added in total is ______
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Essentials of Economics
Authors: Bradley Schiller, Karen Gebhardt
10th edition
125923570X, 978-1259235702
