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Question 2

Multiple Choice

\quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad Table 2.1

\quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad 2012 \quad \quad \quad 2013
\quad \quad \quad \quad \quad \quad \quad \quad \quad \quad Quantity \quad Price \quad Quantity \quad Price
 Apples 50$0.4075$0.50 Huritos 801.501001.60 Chewing Gum 601.25701.50\begin{array} { | l | c | c | c | c | } \hline \text { Apples } & 50 & \$ 0.40 & 75 & \$ 0.50 \\\hline \text { Huritos } & 80 & 1.50 & 100 & 1.60 \\\hline \text { Chewing Gum } & 60 & 1.25 & 70 & 1.50 \\\hline\end{array}
Table 2.1 gives quantities and prices for each good produced in a simple economy in 2012 and 2013.
-Refer to Figure 2.1GDP in 2013 is


A) $243.00.
B) $267.50.
C) $294.00.
D) $302.50.

Correct Answer:

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