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Question - Use the following information to answer questions: Hewlett Packard (HP), an American company produces pocket audio recorders and sells them for $350, the same price level of foreign competitors selling on the global market pre-tariff. In order to produce each recorder, HP needs to import electronic components worth $150 pre-tariff. Suppose there is no tariff imposed on the U.S. market, what is the domestic value-added by HP?
A. $220
B. $200
C. $300
D. $500
on april 30 2010 alvira co. had 21600 units in process that were 85 percent complete as to material 60 percent complete
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