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O-LevelCommerceProduction7100/12 · Oct/Nov 2012 · Q21 Mark

The diagram below shows a chain of production for a wooden box. cost of planting trees used to make a box $5 manufacturer buys wood at a price of $15 retailer buys a wooden box at a price of $48 consumer buys a wooden box in a shop at a price of $72 How much value does the manufacturer add in the making of the wooden box?

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A$10
B$20
C$24
D$33

✓ Correct answer

D: $33

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About this question

Topic
Production, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 2, question 2.

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