Intelligence Incorporated produces 100 computer chips and sells them for $500 each to Bell Computers. Using the chips and other labor and materials, Bell produces 100 personal computers. Bell sells the computers, bundled with software that Bell licenses from Macrosoft at $50 per computer, to PC Charlie's for $800 each. PC Charlie's sells the computers to the public for $1,000 each. Calculate the total contribution to GDP using the value-added method.Instructions: Enter your responses as whole numbers. GDP by the value-added method is: $ Calculate GDP by summing the market values of final goods: $ Instructions: Enter your responses as whole numbers. Company Intelligence Incorporated Macrosoft Bell PC Charlie's GDP by the value-added method is: $1 Revenues $ $ $ $ Calculate GDP by summing the market values of final goods: $| Cost of purchased inputs $ $ $ $ Value added $ $ $ $

Intelligence Incorporated produces 100 computer chips and sells them for $500 each to Bell Computers. Using the chips and other labor and materials, Bell produces 100 personal computers. Bell sells the computers, bundled with software that Bell licenses from Macrosoft at $50 per computer, to PC Charlie's for $800 each. PC Charlie's sells the computers to the public for $1,000 each. Calculate the total contribution to GDP using the value-added method.Instructions: Enter your responses as whole numbers. GDP by the value-added method is: $ Calculate GDP by summing the market values of final goods: $ Instructions: Enter your responses as whole numbers. Company Intelligence Incorporated Macrosoft Bell PC Charlie's GDP by the value-added method is: $1 Revenues $ $ $ $ Calculate GDP by summing the market values of final goods: $| Cost of purchased inputs $ $ $ $ Value added $ $ $ $

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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