Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider a new computer tech company, Arbolet Computing, that does the following each year: 1) Manufactures 1,000 computers that are sold to consumers directly at

Consider a new computer tech company, Arbolet Computing, that does the following each year:

1) Manufactures 1,000 computers that are sold to consumers directly at $2,000 a unit.

2) Manufactures 400 high powered computers that are sold to other companies. These high powered computers are purchased by Amazon and other tech giants to conduct business . These computers are sold $30,000 a unit.

2) Manufactures5,000 computer processors priced at $500 a unit. 1,500 units are sold to consumers and 3,500 are used by Arbolet to put into the computers they make.

3) Sell stocks in their company. The total stocks sold are valued at $1,000,000.

In this year, what is Arbolet's contribution to GDP? Do not put a dollar sign ($) in front of the number.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ronald W Hilton

7th Edition

0073022853, 978-0073022857

Students also viewed these Economics questions