Use the following to answer questions .
Exhibit: Stages in the Production of an Office Building

-(Exhibit: Stages in the Production of an Office Building) A mining firm extracts iron from the earth. A steel mill converts the iron to steel beams for use in construction. A construction company uses the steel beams to make a building. Assume that the total product of these firms represents the only components of the building and that they will have no other uses. Suppose the value added tax is 10%. What is the amount paid by Fuller Mill to Acme Mining?
A) $100,000
B) $110,000
C) $215,000
D) $225,000

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Use the following to answer questions .
Exhibit: Stages in the Production of an Office Building
 
-(Exhibit: Stages in the Production of an Office Building) A mining firm extracts iron from the earth. A steel mill converts the iron to steel beams for use in construction. A construction company uses the steel beams to make a building. Assume that the total product of these firms represents the only components of the building and that they will have no other uses. Suppose the value added tax is 10%. What is the amount paid by Fuller Mill to Acme Mining?
A) $100,000 
B) $110,000 
C) $215,000 
D) $225,000

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The Answer of Use the following to answer questions .
Exhibit: Stages in the Production of an Office Building
 
-(Exhibit: Stages in the Production of an Office Building) A mining firm extracts iron from the earth. A steel mill converts the iron to steel beams for use in construction. A construction company uses the steel beams to make a building. Assume that the total product of these firms represents the only components of the building and that they will have no other uses. Suppose the value added tax is 10%. What is the amount paid by Fuller Mill to Acme Mining?
A) $100,000 
B) $110,000 
C) $215,000 
D) $225,000

Use the Following to Answer Questions