Table 19-5
Consider the table above showing three stages of production of an automobile.
-Refer to Scenario 19-1. The value of each canoe in gross domestic product equals
A) $1,200.
B) $800.
C) $500.
D) $400.

Name: Table 19-5 Consider the table above showing three stages of production of an automobile. -Refer to Scenario 19-1. The value of each canoe in gross domestic product equals A) $1,200. B) $800. C) $500. D) $400.
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Question

Table 19-5
  Consider the table above showing three stages of production of an automobile.
-Refer to Scenario 19-1. The value of each canoe in gross domestic product equals
A) $1,200. 
B) $800. 
C) $500. 
D) $400.

Quizplus · Accepted Answer

The value of each canoe in GDP is the market price, which is $1,200.

Table 19-5 Consider the Table Above Showing Three Stages of Stages