Solved

A Farmer Sells Five Pounds of Pecans to a Smith's

Question 19

Multiple Choice

A farmer sells five pounds of pecans to a Smith's Fresh Pecans for $10.Smith's Fresh Pecans resells three pounds for $4.50 per pound.The remaining pecans are shelled and canned and sold for a total of $8.00 Taking these transactions into account,how much is added to GDP?


A) $22.50
B) $29.50
C) $21.50
D) $31.50

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions