Business, 19.02.2020 04:28, jluvit6135

In Shoetown, a rancher takes $0 worth of inputs and produces animal skins, which he sells to the tanner for
$400. The tanner then sells leather to the shoemaker for $700, and the shoemaker then sells $1200
worth of shoes. The value added from these transactions is

A) $ 800. B) $1000. C) $1200. D) $2300. E) $2500.

Answers: 3

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In Shoetown, a rancher takes $0 worth of inputs and produces animal skins, which he sells to the tan...