Corporate Finance Assignment/ Professional Essay Writers

1. The farmer produces 115 pounds of oranges at a total cost of $1.38 per pound.   He sells all of the oranges to Firm F for $1.71 per pound.

Firm F produces 60 gallons of orange juice at a  total cost of $3.81 per gallon (including the amount paid to the farmer for the oranges).  Firm F sells 55 gallons of juice to consumers for $5.71 per gallon

There are no other firms in this simple economy.

What is the value-added by Firm F?

Enter a whole number with no dollar sign.

2. A farmer grows wheat and sells it to the miller for $1.25. The miller turns the wheat into flour and sells it to the baker for $2.00. The baker turns the flour into bread and sells it to consumers for $3.80. What is the value-added by the baker?

Group of answer choices;

$3.80.

$7.05.

$1.80.

$0.55. Get Finance Help Today