The Production of a Portable Power Bank Involves 5 Stages

question 53

Multiple Choice

The production of a portable power bank involves 5 stages. The value added after the first stage of production occurs is $1.20. The sale price of the portable power bank is $2.50. Based on the above information, what amount is used to measure GDP?

• A) $3.70
• B) $1.20
• C) $1.30
• D) $2.50

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Definitions:

Aptitude

An individual's natural ability or potential to learn and acquire skills or knowledge in a specific area or domain.

Case Study

A research method involving an up-close, in-depth and detailed examination of a subject of study (the case), as well as its related contextual conditions.

Analyze

Analyze involves examining or dissecting something in detail to understand its components, relationships, or underlying principles, often for the purpose of identifying patterns or drawing conclusions.

Real-Life Situation

A scenario or event that occurs in the actual world, as opposed to theoretical examples or simulations.