Problem
Larson has started a home wine-making business and he buys all his ingredients from his neighborhood farmers' market and a local bottle manufacturer. Last year he purchased $4,000 worth of ingredients and bottles and produced 2,000 bottles of wine. He sold all 2,000 bottles of wine to an upscale restaurant for $10 each. The restaurant sold all the wine to customers for $45 each. For the total wine production, calculate the value added of Larson and of the restaurant.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.