A firm's value added refers to the dollar value of O A. a firm's sales revenue minus the firm's protits O B. a firm's sales revenue minus the firm's purchases of intermediate products from other...


A firm's value added refers to the dollar value of<br>O A. a firm's sales revenue minus the firm's protits<br>O B. a firm's sales revenue minus the firm's purchases of intermediate products from other firms.<br>O C. a firm's total sales revenue<br>O D. the intermediate products a firm buys from other producers.<br>Suppose U.S. drivers purchased $50 billion of ExxonMobil produced gasolinc duning a rocent year, with one-hali purchased d'rectly fem ExxontMobil owied gas stations iariri onie-half from independent (or third-party) gas statons. Suppose lurther that<br>ExxonMobil purchased the oil (which it refined into gasolitie) from foreign producers for $20 hillion and thal ii recoives B percent of the ses revenuo that itidependent stations nenerate from selling ExxonMobil gasoline.<br>In this case, the value added by ExxonMobil to U.S. GDP is S bilion ( nler your response as an integer<br>Click to select your answer(s).<br>21:23<br>2203.2021<br>

Extracted text: A firm's value added refers to the dollar value of O A. a firm's sales revenue minus the firm's protits O B. a firm's sales revenue minus the firm's purchases of intermediate products from other firms. O C. a firm's total sales revenue O D. the intermediate products a firm buys from other producers. Suppose U.S. drivers purchased $50 billion of ExxonMobil produced gasolinc duning a rocent year, with one-hali purchased d'rectly fem ExxontMobil owied gas stations iariri onie-half from independent (or third-party) gas statons. Suppose lurther that ExxonMobil purchased the oil (which it refined into gasolitie) from foreign producers for $20 hillion and thal ii recoives B percent of the ses revenuo that itidependent stations nenerate from selling ExxonMobil gasoline. In this case, the value added by ExxonMobil to U.S. GDP is S bilion ( nler your response as an integer Click to select your answer(s). 21:23 2203.2021

Jun 09, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here