Solved

Suppose That the Total Production of an Economy Consists of 10

Question 62

Multiple Choice

Suppose that the total production of an economy consists of 10 billion oranges and 5 billion candy bars,each orange sells for $0.20,and each candy bar sells for $1.00.What is the market value of production in this economy?


A) $1 billion.
B) $2 billion.
C) $5 billion.
D) $7 billion.
E) $11 billion.

Correct Answer:

verifed

Verified

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

Related Questions