Solved

A Company Produced 12 Motorcycles in 2015

Question 164

Multiple Choice

A company produced 12 motorcycles in 2015. The company sold 8 in 2015 and added 4 to its inventories. The market value of the motorcycles in 2015 was $1,000 per unit. What is the value of this company's output that will be included in the 2015 GDP?


A) $4,000
B) $8,000
C) $12,000
D) $16,000

Correct Answer:

verifed

Verified

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

Related Questions