2. Arthur sells $100 worth of cotton to Bob. Bob turns the cotton into cloth, which...

Question

Question

Answer 1

Answer #1

Arthur Sells $100 worth of Cotton to Bob	Value added by Arthur = $100
Bob sells $300 worth of cloth to Camille	Value added by Bob = $300 -$100 = $200
Camille sells $700 worth of prom dresses to Donitha	Value added by Camille = $700 - $300 = $400
Donitha sells $1,200 worth of prom dresses to Kids	Value added by Donitha = $1,200 - $700 = $500

Contribution to GDP:

Answer 2

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