A business buys $7,000 worth of resources to produce a product.The business makes 150 units of the product and each of them sells for $90.The value added by the business to these products is:
A) $13,500
B) $6,500
C) $7,000
D) $6,850
Correct Answer:
Verified
Q25: Which is included in GDP?
A)used autos purchased
Q26: A business buys $5,000 worth of resources
Q27: GDP may be defined as:
A)the monetary value
Q28: Subtracting the purchase of intermediate products from
Q29: An example of a final good in
Q31: GDP is the total market value of:
A)all
Q32: By summing the values added at each
Q33: If all the final goods and intermediate
Q34: The value added by firms A-E from
Q35: Which of the following is a final
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