If the Citrus Growers Association grows $1 million worth of oranges, sells $500,000 worth of oranges to consumers, uses the rest to make orange juice that is sold to consumers for $3 million, Citrus Grower's contribution to GDP is:

Question

Quizplus · Accepted Answer

Citrus Growers Association sold two final goods, oranges and orange juice, to the ultimate buyer for $3,500,000.

If the Citrus Growers Association Grows $1 Million Worth of Oranges