Top Posters
Since Sunday
g
2
2
2
1
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
snowga snowga
wrote...
Go to Answer
Posts: 129
Rep: 0 0
2 years ago
In an economy there are three firms. Apple Farms Inc. sells 100 apples at $1/apple to Pie Corporation. Pie Corporation uses those apples to make 50 apple pies. It sells 25 pies at $5/pie directly to consumers. It also sells 25 pies at $5/pie to Grocer Mart. Grocer Mart then sells those 25 pies at $10/pie to its customers. What is total GDP in this economy?

▸ $600

▸ $375

▸ $1000

▸ $500
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 241 times
3 Replies
Replies
Answer verified by a subject expert
schmienceschmience
wrote...
#1
Posts: 159
Rep: 1 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 190 words.
1

Related Topics

Anonymous
wrote...
#2
7 months ago
Help! The answer is missing an explanation...
wrote...
#3
7 months ago
Done Smiling Face with Open Mouth
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  1559 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 213
  
 664
  
 1100
Your Opinion
Who's your favorite biologist?
Votes: 722
Previous poll results: Does a gender wage gap exist in America?