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O-LevelCommerceProduction7100/11 · Oct/Nov 2011 · Q21 Mark

The diagram shows a wooden chair that sells for $20. [Figure 2.1] How much value was added to the raw materials to produce the wooden chair?

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A$4
B$9
C$17
D$23

✓ Correct answer

B: $9

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About this question

Topic
Production, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2011 Paper 1 Variant 1, question 2.

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