Economy, asked by alayaa, 1 day ago

Consider a hypothetical economy in which a farmer sells 10kg of wheat to a flour mill for INR 6 per kg. The mill owner sells 10kg of flour to a biscuit company for INR 12 per kg The biscuit company produces biscuits and sells 100 packets of biscuits at a rate of INR 6 per packet in the market to the consumers. Besides these, there is no other economic activity in this economy. What will be the value of GDP of this economy?

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Answered by geetasahani
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Answered by karunagupta1511
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