A farmer grows wheat and sells it to a miller for 1 the, Ask an Expert

Economics

A farmer grows wheat and sells it to a miller for $1; the miller turns the wheat into flour and sells it to a baker for $3; the baker uses the flour to make bread and sells the bread for $6. The value added by the miller is: A) $1. B) $2. C) $3. D) $6.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9605786

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