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fabz06 fabz06
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A year ago
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. The retailer adds a value of ________ to the production process.

▸ $5 billion

▸ $3 billion

▸ $1 billion

▸ $10 billion
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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fnc28304fnc28304
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A year ago
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fabz06 Author
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A year ago
This site is awesome
Evolution
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Smart ... Thanks!
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Helped a lot
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