WAEC - Economics (2018 - No. 28)
A baker bought flour and other ingredients for $250.00, spent $52.00 on distribution, sold the bread for $320.00. the value added by the baker is?
$302.00
$52.00
$18.00
$622.00
ব্যাখ্যা
floor = $250
distribution cost = $52
250 + 52 = 302
selling price $320 - $302 = $18