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You spend $5 on materials to make a scarf. You think you have added $10 of value, so you set the price at $15. Nobody buys the scarf at that price, so you lower the price to $12…
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You spend $5 on materials to make a scarf. You think you have added $10 of value, so you set the price at $15. Nobody buys the scarf at that price, so you lower the price to $12…
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Sep 1, 2021
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You spend $5 on materials to make a scarf. You think you have added $10 of value, so you set the price at $15. Nobody buys the scarf at that price, so you lower the price to $12, and someone buys it. What is the value of the scarf?
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Answer: 12
Step-by-step explanation:
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