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marusya05 [52]
3 years ago
5

A tire manufacturer produces 400 tires valued at $20 each. Three hundred tires are sold to a tire shop, which then sells them to

households for $50 each. The remaining tires are unsold and are added to the tire manufacturer's inventory. How much is added to GDP
Business
1 answer:
Leto [7]3 years ago
4 0

Answer: $17,000

Explanation:

Produced =400 x $20= $8000

Tire shop bought = 300 x$20 =$6000

Household bought =300 x$50 =$15000

Household - Tire shop = $15000 - $6000 =$9000

GDP= $9000+ $8000 =$17000

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