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ya-yaa ya-yaa
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Scenario: Infi Corp. is a leading manufacturer of smart phones. Every year, customers spend $31 billion on smart phones manufactured by Infi Corp. A leading retailer generates $10 billion worth of total sales, while the remaining is generated directly from consumers. The retailer pays 70 percent of its revenue to Infi Corp., and Infi Corp. pays $19 billion to its suppliers.
 

Refer to the scenario above. Infi Corp. adds a value of ________ to the production process.

▸ $31 billion

▸ $21 billion

▸ $12 billion

▸ $9 billion
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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jd1044jd1044
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$9 billion

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