Question: 3. Calculate and Explain, how much the action described has added to GDP: A company sells 50 computers at a retail price of $1000

3. Calculate and Explain, how much the action described has added to GDP: A company sells 50 computers at a retail price of $1000 apiece and 100 software packages at a retail price of $50 apiece to consumers. The same company sells 25 computers at $800 and 50 software packages at $30 apiece to wholesalers. The wholesalers then sell the 25 computers at $1 250 apiece and the 50 software packages at $75 apiece?
Step by Step Solution
3.42 Rating (149 Votes )
There are 3 Steps involved in it
Certainly This question is asking us to calculate the total gross domestic product GDP contribution from a series of transactions involving computers ... View full answer
Get step-by-step solutions from verified subject matter experts
