Multiple Choice
A business buys $5,000 worth of resources to produce a product.The business makes 100 units of the product and each of them sells for $65.The value added by the business to these products is:
A) $5,000
B) $6,500
C) $1,000
D) $1,500
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: An economy is enlarging its stock of
Q7: If real GDP is 50 and nominal
Q160: Only three goods are produced in an
Q161: As defined in national income accounting, investment
Q162: Real GDP is:<br>A)the nominal value of all
Q163: The following are national income account data
Q166: Which of the following is a final
Q167: The gross domestic product of Canada measures
Q168: The current GDP price index used by
Q170: Refer to the information below.Net investment: All