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Suppose autos cost consumers $30,000 and trucks cost consumers $15,000. What contribution does the production of 200 autos and 200 trucks make to the GDP
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27 votes
27 votes
Suppose autos cost consumers $30,000 and trucks cost consumers $15,000. What contribution does the production of 200 autos and 200 trucks make to the GDP

User James Jensen
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1 Answer

17 votes
17 votes

Answer:

the contribution made to the production of 200 autos and 200 trucks is $9,000,000

Step-by-step explanation:

The computation of the contribution made to the production of 200 autos and 200 trucks is shown below

Contribution to GDP is

= $30,000 × 200 + $15,000 × 200

= $6,000,000 + $3,000,000

= $9,000,000

Hence, the contribution made to the production of 200 autos and 200 trucks is $9,000,000

User Simon Fakir
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3.0k points
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