Question

A company produced 5 dishwasher machines in 2010. The company sold 6 in 2010 (by selling 1 dishwasher machine from their inventory from last year.) The market value of the dishwasher machines in 2010 was $100 per unit. What is the value of this company's output that will be included in the 2010 GDP?

Answer 1

The value of the company's output included in the 2010 GDP is $600.

Step-by-step explanation:

The value of the company's output that will be included in the 2010 GDP can be calculated by multiplying the number of units sold in 2010 by the market value per unit. In this case, the company sold 6 dishwasher machines in 2010 and the market value per unit was $100, so the value of their output included in the 2010 GDP is:

6 units x $100 per unit = $600