There are four different categories or production in business, these are:
capital, <span>labor, </span>land and <span>entrepreneurship.
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Hope this helps.
Answer:
$7250
Explanation:
The selling price was $12,000. Add $2,500 to find 2 times the original selling price.
12,000 + 2,500 = $14,500.
Divide by 2 to find the original selling price = $14,500/2 = $7250.