Business, 13.11.2019 18:31 misaki2002
In the first stage of manufacturing each final unit of a product, a firm purchases a key input at a price of $3 per unit. the firm then pays a wage rate of $5 for the time that labor is exerted, combining an additional $4 of inputs for each final unit of output produced. the firm sells every unit of the product for $16. what is the contribution of each unit of output to gdp in the current year?
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In the first stage of manufacturing each final unit of a product, a firm purchases a key input at a...
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