Calculate the final market value of the flour

Reference no: EM13329957

Consider the following data for the selling price at each stage in the production of a 5-pound bag of flour sold by your local grocer. Calculate the final market value of the flour.

Stage of production Sale price

Farmer $0.30

Miller 0.50

Wholesaler 1.00

Grocer 1.50

Reference no: EM13329957

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