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I Answer the following questions (2 points). The following table lists the stages in the production of a personal computer. S

could you please answer question one and two. i will highly appreciate it

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Answer #1

1. How much value was created in the retail sector?

$1850

2. If US produces only computer its gdp will be the value of final goods.

value of computer is the sum of value added by all the participants = 100+250+500+1850 = $2700

so the GDP of US will be $2700

Every individual enterprise adds certain value to the products, which it purchases from some other firm as intermediate goods. When value added by each and every individual firm is summed up, we get the value of national income.

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