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Unformatted text preview: Firm B sold all 40 units to consumers for a total of $1200. What is the value of consumption? What is the value of investment? What is the value added by Firm A? What is the value added by Firm B? Suppose there are only two types of income in this economy, wage income and profit income. What is the total value of the wage income and the total value of the profit for this simple economy?...
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- Fall '10