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Business, 29.10.2021 14:00 kendallnowell18

The farmer produces 858 bushels of wheat at a total cost of $8 per bushel. He sells all of the wheat to Firm F for $9 per bushel. Firm F produces 500 pounds of flour from the wheat at a total cost of $25 per pound (including the amount paid to the farmer for the wheat). Firm F sells 475 pounds of flour to consumers for $31 per pound. There are no other firms in this simple economy. What is the value of investment spending?

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The farmer produces 858 bushels of wheat at a total cost of $8 per bushel. He sells all of the wheat...
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