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28 April, 02:08

If a firm bakes cookies and sells them for $1,000 while spending $100 on sugar, $150 on chocolate, $50 on other supplies, $300 on wages and $400 on rent, what is its value added?

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  1. 28 April, 03:06
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    The value added is 0, because if we added the value they spend on sugar and the other supplies and etc. it will be $1,000
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