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Use the Following to Answer Question 53:
Table: Prices and Quantities

Question 201

Multiple Choice

Use the following to answer question 53:
Table: Prices and Quantities in a 4-Good Economy  Product  Price  Quantity  Shovels $2050 Books 50100 Tomatoes 1500 Pizzas 10120\begin{array} { l c c } \hline \text { Product } & \text { Price } & \text { Quantity } \\\hline \text { Shovels } & \$ 20 & 50 \\\text { Books } & 50 & 100 \\\text { Tomatoes } & 1 & 500 \\\text { Pizzas } & 10 & 120 \\\hline\end{array}
-(Table: Prices and Quantities in a 4-Good Economy) Suppose an economy produces only the four goods listed in this table. All of the country's tomatoes are used in the production of pizzas. What is the GDP in this country?


A) $6,200
B) $6,700
C) $7,200
D) $7,700

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