A local shoe making firm purchase leather for $500, thread for $100 and other materials for $200. Tł produced 10 pairs of shoes and sold in the market at the price $200 per pair. What is the total contri to GDP?
A local shoe making firm purchase leather for $500, thread for $100 and other materials for $200. Tł produced 10 pairs of shoes and sold in the market at the price $200 per pair. What is the total contri to GDP?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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kindly solve question no. 3
thanks
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