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?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
✓ Correct answer
D: $33
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill Production and see which topics are most likely to come up next.
Sign up free →