Intelligence Incorporated produces 200 computer chips and sells them for $200 each to Bell Computers. Using the
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Intelligence Incorporated produces 200 computer chips and sells them for $200 each to Bell Computers. Using the chips and other labor and materials, Bell produces 200 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 $1,000 each. Calculate the total contribution to GDP using the value-added method.[10 marks]
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