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lyudmila [28]
1 year ago
6

Consider the following: Farmer Smith bought seed and fertilizer for $100. He grew wheat that he sold to the Wander Bread Company

for $200. Wander Bread produced and sold bread to the Wilseyville Grocery Store for $250. Consumers bought the bread from the grocery for $350. How much was added to the GDP
Business
1 answer:
Rom4ik [11]1 year ago
3 0

As per the given case, the amount that is added to GDP is $350.

<h3>What do you mean by GDP?</h3>

GDP refers to the measure of all final goods and services that have been bought by the final user produced in the country.

As per the given case, Farmer smith bought seed and fertilizer for $100. He grew wheat that he sold to the wander bread company. Consumers bought the bread from the grocery for $350. Therefore, it was added to the GDP.

So, $350 was added to the GDP.

Learn more about GDP here:

brainly.com/question/15682765

#SPJ1

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3 0
2 years ago
Capri Boat Corporation uses a job order cost system and applies overhead based on a percentage of direct labor cost. Cost flows
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$41,000.

Explanation:

The computation of the amount of direct materials cost charged to completed jobs is shown below:

= Direct Material cost - charging cost in direct material cost

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4 0
3 years ago
Perfect competition is a market in which there are​ _____ firms, each selling​ _____ product; many​ buyers; _____ to the entry o
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Many

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Because buyers and sellers have perfect knowledge of prices, price arbitrage isn't possible.

I hope my answer helps you.

7 0
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Answer:

The correct answer is letter "A": affordable food creates an external benefit rather than an external cost in the case.

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Thus, importing less-expensive but chemically-dangerous food will create a positive externality to consumers purchasing those types of foods since less money is getting out of their pockets without them having to influence discounts.

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4 0
2 years ago
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