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A baker buys 10 apples from a farmer for $.25/each. the baker uses the 10 apples to make an apple pie that they sell in their bakery for $7.99. what is the total contribution to gdp?

Sagot :

The total contribution to the GDP is $5.49.

How to find the total contribution to GDP?

GDP, the gross domestic product is the sum of all final goods and services produced in an economy within a given period.

When calculating GDP, only the value added of final goods and services are included. Intermediate goods are not added.

Therefore,

Total contribution to GDP = 7.99 - (10 X 0.25) = $5.49.

learn more GDP here: https://brainly.com/question/27982341

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