Firm T produces 600 tires and sells them to Firm B at a cost of $30 each.
Firm F produces 300...
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Business, 25.02.2020 18:04 DragonLovely
Firm T produces 600 tires and sells them to Firm B at a cost of $30 each.
Firm F produces 300 bicycle frames and sells them to Firm B for $125 each.
Firm B produces 300 bicycles and sells them to consumers for $300 each.
The contribution to GDP is $.
Value added by Firm T is $, value added by Firm F is $, and value added by Firm B is $.
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