How much does the production of a kayak add to GDP if the shell costs $250, the paint costs $20, the finisher costs $35, the manufacturer sells it to the dealer for $500, and the dealer sells it to her customer for $800?
A) $1,605
B) $1,300
C) $500
D) $305
E) $800
Answers
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Answer:
C) $500
Explanation:
How much does the production of a kayak add to GDP if the shell costs $250, the paint costs $20, the finisher costs $35, the manufacturer sells it to the dealer for $500, and the dealer sells it to her customer for $800?
A) $1,605
B) $1,300
C) $500
D) $305
E) $800
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