Question: During a given year, the following activities occ in two stages: i . A silver mining company pays its workers $ 2 0 0 ,

During a given year, the following activities occ in two stages:
i. A silver mining company pays its workers $200,000 to mine 75 pounds of silver. The silve is then sold to a jewelry manufacturer for $300,000.
ii. The jewelry manufacturer pays its workers $250,000 to make silver necklaces, which the manufacturer sells directly to customers for $1,000,000.
Using the production-of-final-goods approach, GDP in this economy is $1000000.(Round your response to the nearest dollar.)
What is the value added at each stage of production?
First stage =$,.(Round your response to the nearest dollar.)
During a given year, the following activities occ in two stages:

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