3. Intelligence Incorporated produces 100 computer chips and sells them for $200 each to Bell Computers. Using
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3. Intelligence Incorporated produces 100 computer chips and sells them for $200 each to Bell Computers. Using the chips and other labour and materials, Bell produces 100 personal computers. Bell sells the computers, bundled with software that Bell licenses from Macrosoft at $50 per computer, to PC Charlie’s for $800 each. PC Charlie’s sells the computers to the public for $1000 each. Calculate the total contribution to GDP using the value-added method. Do you get the same answer by summing up the market values of the final goods and services? LO 2.1 MEDIUM
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