**Answer: $252**

**Explanation:**

GDP is calculated by summing up the value of **final **goods and services in a country within a period. This means that intermediate values are not included and this is done to avoid double counting.

The GDP contribution here therefore will be the value of the meals created;

= 50 * 5.04

**= $252**

**Answer:**

A.The unit product cost of Product G8 under traditional costing is greater than its unit product cost under activity-based costing by $171.48.

**Explanation:**

In the given problem, the unit cost if we consider the traditional method of costing is estimated as $752.14. Furthermore, the unit cost if we consider the activity-based method of costing is approximately $580.58. Therefore, we we subtract the two values from each other, we have:

$752.14 - $580.68 = $171.46

This is close to the value in option A.

**Answer:**

**The correct answer is option e.**

**Explanation:**

The supply in the given example is assumed to be unchanged. Supply being constant an increase in demand will cause the demand curve to shift to the right. This rightward shift in the demand curve will intersect the supply curve at a higher point. This will cause an increase in the price as well as quantity of output in the market.

So, option e is the correct answer.

**Answer:**

B.) Employer A will employ more capital than Employer B.

**Explanation:**

**Answer:**

**The dead weight loss will be equal to 200. **

**Explanation:**

Deadweight loss refers to the loss in surplus when the production is not taking place efficiently. A monopolist produces less than socially optimal level of output and charges a higher price. This causes a loss of consumer surplus.

Dead Weight loss

= Area of the triangle marked by a difference in Quantity under 2 situations and Price under monopoly and equality point of MR-MC

=

=

=

= 200