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33. A convenience store pays a farmer $1.25 per pineapple. If it costs the farmer $0.15 in seeds, $0.25 in fertilizer, and $0
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Answer 33: The correct option is B ie., $1.25. Value added means any addition to the goods at each process less the cost incurred, which gives out the net value added. Since in the above case the farmers has mentioned the costs he incurred at each stage and we will assume that it is the net of value added to the product so we will add each cost. Thus, he adds value to the seeds brought and hence his value addition is $0.25, after that there is a forgone output to grow each pineapple which amounts to another $0.25 , so the total value added till now is $0.50. And at the last stage he add some value after which it is sold at $1.25, hence value added at last stage is $0.75 ( $1.25-$0.50). Therefore, total value added will be $1.25 ($0.50 + $0.75).

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