Business, 09.07.2019 21:30 AM28

Suppose a gold miner finds a gold nugget and sells the nugget to a mining company for $600. the mining company melts down the gold, purifies it, and sells it to a jewelry maker for $1200. the jewelry maker fashions the gold into a necklace that it sells to a department store for $1800. finally, the department store sells the necklace to a customer for $2400.

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Suppose a gold miner finds a gold nugget and sells the nugget to a mining company for $600. the mini...