uestion 20 (1 point)
A firm used $1,900 worth of peanuts and $100 worth of salt to produce peanut
butter. This required costs of $300 worth of labor and $200 to rent a factory and pay
for maintenance. All of the peanut butter was sold, generating $3,000 worth of
revenue. What was the firm's value added from these actions?
$500
$700
$800
$1,000
$3,000
