Business
Business, 10.10.2019 20:00, gjaime1307

There are three firms in an economy: a, b, and c. firm a buys $250 worth of goods from firm b and $200 worth of goods from firm c, and produces 200 units of output, which it sells at $5 per unit. firm b buys $100 worth of goods from firm a and $150 worth of goods from firm c, and produces 300 units of output, which it sells at $7 per unit. firm c buys $50 worth of goods from firm a and nothing from firm b. it produces output worth $1,000. all other products are sold to consumers. calculate gdp.

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There are three firms in an economy: a, b, and c. firm a buys $250 worth of goods from firm b and $...

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