The A company collects bushels of wild berries,which it sells for $2 million to the B company to be made into jam.The B company's wild berry jam is sold for a total of $6 million.What is the value added of company B?
A) $2 million
B) $4 million
C) $6 million
D) $8 million
Correct Answer:
Verified
Q3: Intermediate goods are
A)capital goods, which are used
Q4: Capital goods are
A)not counted in the GDP
Q5: Which of the following statements is true?
A)GDP
Q6: Which of the following statements is true?
A)Capital
Q7: Which of the following statements is true?
A)Total
Q12: The three approaches to measuring economic activity
Q12: Underground activities in the economy are
A)excluded from
Q13: Beautiful Boating purchases five new boats at
Q14: One problem with using market values to
Q17: The value added of a producer is
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