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Arts, 15.04.2020 00:27 einstein101

2). 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 by the tanner is
A). $0.
B). $300.
C). $500.
D). $1200

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