The below table lists the stages in the production of a personal computer. Find the value of the computer in GDP . Stage Value Added Company Manufacture $100 Assembly $250 Wholesaler $500 Retailer $1,850

Question

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Answer 1

Question

Chapter 5, Problem 1E

To determine

The below table lists the stages in the production of a personal computer. Find the value of the computer in GDP.

Stage Value Added
Company Manufacture $100
Assembly $250
Wholesaler $500
Retailer $1,850

Expert Solution & Answer

Answer to Problem 1E

The value of computer in the GDP is $1850.

Explanation of Solution

The real value of GDP at each stage is calculated as follows:

Stage	Value Added	Real Value Added
Components Manufacture	$100	$100
Assembly	$250	$250−$100=$150
Wholesaler	$500	$500−$250=$250
Retailer	$1850	$1850−$500=$1350
Total Value	$1850

Hence, the value of computer in the GDP is $1850

Economics Concept Introduction

Gross Domestic Product- Gross Domestic Product or GDP is referred to as the market value of all the services and final goods which has been produced in a period.

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Answer 2

Question

Chapter 5, Problem 1E

To determine

The below table lists the stages in the production of a personal computer. Find the value of the computer in GDP.

Stage Value Added
Company Manufacture $100
Assembly $250
Wholesaler $500
Retailer $1,850

Expert Solution & Answer

Answer to Problem 1E

The value of computer in the GDP is $1850.

Explanation of Solution

The real value of GDP at each stage is calculated as follows:

Stage	Value Added	Real Value Added
Components Manufacture	$100	$100
Assembly	$250	$250−$100=$150
Wholesaler	$500	$500−$250=$250
Retailer	$1850	$1850−$500=$1350
Total Value	$1850

Hence, the value of computer in the GDP is $1850

Economics Concept Introduction

Gross Domestic Product- Gross Domestic Product or GDP is referred to as the market value of all the services and final goods which has been produced in a period.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 5, Problem 1E

To determine

The below table lists the stages in the production of a personal computer. Find the value of the computer in GDP.

Stage Value Added
Company Manufacture $100
Assembly $250
Wholesaler $500
Retailer $1,850

Expert Solution & Answer

Answer to Problem 1E

The value of computer in the GDP is $1850.

Explanation of Solution

The real value of GDP at each stage is calculated as follows:

Stage	Value Added	Real Value Added
Components Manufacture	$100	$100
Assembly	$250	$250−$100=$150
Wholesaler	$500	$500−$250=$250
Retailer	$1850	$1850−$500=$1350
Total Value	$1850

Hence, the value of computer in the GDP is $1850

Economics Concept Introduction

Gross Domestic Product- Gross Domestic Product or GDP is referred to as the market value of all the services and final goods which has been produced in a period.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 5, Problem 1E

To determine

The below table lists the stages in the production of a personal computer. Find the value of the computer in GDP.

Stage Value Added
Company Manufacture $100
Assembly $250
Wholesaler $500
Retailer $1,850

Expert Solution & Answer

Answer to Problem 1E

The value of computer in the GDP is $1850.

Explanation of Solution

The real value of GDP at each stage is calculated as follows:

Stage	Value Added	Real Value Added
Components Manufacture	$100	$100
Assembly	$250	$250−$100=$150
Wholesaler	$500	$500−$250=$250
Retailer	$1850	$1850−$500=$1350
Total Value	$1850

Hence, the value of computer in the GDP is $1850

Economics Concept Introduction

Gross Domestic Product- Gross Domestic Product or GDP is referred to as the market value of all the services and final goods which has been produced in a period.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 5, Problem 1E

To determine

The below table lists the stages in the production of a personal computer. Find the value of the computer in GDP.

Stage Value Added
Company Manufacture $100
Assembly $250
Wholesaler $500
Retailer $1,850

Expert Solution & Answer

Answer to Problem 1E

The value of computer in the GDP is $1850.

Explanation of Solution

The real value of GDP at each stage is calculated as follows:

Stage	Value Added	Real Value Added
Components Manufacture	$100	$100
Assembly	$250	$250−$100=$150
Wholesaler	$500	$500−$250=$250
Retailer	$1850	$1850−$500=$1350
Total Value	$1850

Hence, the value of computer in the GDP is $1850

Economics Concept Introduction

Gross Domestic Product- Gross Domestic Product or GDP is referred to as the market value of all the services and final goods which has been produced in a period.

Answer 6

Chapter 5, Problem 1E

To determine

The below table lists the stages in the production of a personal computer. Find the value of the computer in GDP.

Stage Value Added
Company Manufacture $100
Assembly $250
Wholesaler $500
Retailer $1,850

Expert Solution & Answer

Answer to Problem 1E

The value of computer in the GDP is $1850.

Explanation of Solution

The real value of GDP at each stage is calculated as follows:

Stage	Value Added	Real Value Added
Components Manufacture	$100	$100
Assembly	$250	$250−$100=$150
Wholesaler	$500	$500−$250=$250
Retailer	$1850	$1850−$500=$1350
Total Value	$1850

Hence, the value of computer in the GDP is $1850

Economics Concept Introduction

Gross Domestic Product- Gross Domestic Product or GDP is referred to as the market value of all the services and final goods which has been produced in a period.

Answer 7

Chapter 5, Problem 1E

To determine

The below table lists the stages in the production of a personal computer. Find the value of the computer in GDP.

Stage Value Added
Company Manufacture $100
Assembly $250
Wholesaler $500
Retailer $1,850

Answer 8

Expert Solution & Answer

Answer to Problem 1E

The value of computer in the GDP is $1850.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Explanation of Solution

The real value of GDP at each stage is calculated as follows:

Stage	Value Added	Real Value Added
Components Manufacture	$100	$100
Assembly	$250	$250−$100=$150
Wholesaler	$500	$500−$250=$250
Retailer	$1850	$1850−$500=$1350
Total Value	$1850

Hence, the value of computer in the GDP is $1850

Answer 12

Economics Concept Introduction

Gross Domestic Product- Gross Domestic Product or GDP is referred to as the market value of all the services and final goods which has been produced in a period.

Answer 13

Ch. 5 - Prob. 1E Ch. 5 - Prob. 2E Ch. 5 - Prob. 3E Ch. 5 - Prob. 4E Ch. 5 - Prob. 5E Ch. 5 - Prob. 6E Ch. 5 - Prob. 7E Ch. 5 - Prob. 8E Ch. 5 - Prob. 9E Ch. 5 - Prob. 10E

Stage	Value Added
Company Manufacture	$100
Assembly	$250
Wholesaler	$500
Retailer	$1,850

The below table lists the stages in the production of a personal computer. Find the value of the computer in GDP . Stage Value Added Company Manufacture $100 Assembly $250 Wholesaler $500 Retailer $1,850

The below table lists the stages in the production of a personal computer. Find the value of the computer in GDP. StageValue AddedCompany Manufacture$100Assembly$250Wholesaler$500Retailer$1,850

Answer to Problem 1E

Explanation of Solution

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Chapter 5 Solutions

The below table lists the stages in the production of a personal computer. Find the value of the computer in GDP.

Stage Value Added
Company Manufacture $100
Assembly $250
Wholesaler $500
Retailer $1,850