Question: CANOES - R US makes canoes. It buys the shell of the canoe from another local firm for $ 3 0 0 and uses its

CANOES-R US makes canoes. It buys the shell of the canoe from another local firm for $300 and uses its labor and intermediate goods to make the canoe. It sells the finished canoe to a retail
canoe store for $800. The retail canoe store then sells the canoe to a consumer for $1,200.
The value of each canoe in gross domestic product equals
A. $1,200.
B. $800.
C. $400.
D. $500.
CANOES-R US makes canoes. It buys the shell of the canoe

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