-Refer to the above table. The production of this good goes through 4 different stages of production. What is the total dollar value added when production is completed?
A) $0.07
B) $0.32
C) $0.75
D) Cannot be computed without more information.

Question

-Refer to the above table. The production of this good goes through 4 different stages of production. What is the total dollar value added when production is completed?
A) $0.07 
B) $0.32 
C) $0.75 
D) Cannot be computed without more information.

Quizplus · Accepted Answer

The total dollar value added is the sum of the value added at each stage of production. If the table provides the value added at each stage, you sum these values to get the total.

-Refer to the Above Table