Question

1 poi
Q.2.(iv) In a simple economy,
suppose there are only two
producers/firms - the farmers
who produce wheat and the
bakers, i.e. the bread makers.
The total value of wheat
produced by the farmers is
3100, for which they do not
need any input other than
human labour. Out of this, the
formers have sold 50 worth of
wheat to the bakers, who have
used it completely during the
year and have produced 3200
worth of bread. The aggregate
value of final goods produced
by this simple economy will be:
O A) 7300
O B) 3250
O C) 5350
O D) 5200​

Answer 1

Answer:

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