A baker bought flour and other ingredients for ... - WAEC Economics 2018 Question
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?
A
$302.00
B
$52.00
C
$18.00
D
$622.00
correct option: c
floor = $250
distribution cost = $52
250 + 52 = 302
selling price $320 - $302 = $18
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