Assume That a Small Country Produces Only Green Peppers and Red

question 82

Multiple Choice

Assume that a small country produces only green peppers and red peppers.Last year,it produced 100 green peppers and 50 red peppers and sold them at prices of $2 per green pepper and $3 per red pepper.This year,it produced 150 green peppers and 60 red peppers and sold them at prices of $2 per green pepper and $4 per red pepper.What is real GDP this year if the base year is last year?

• A)$540
• B)$400
• C)$480
• D)$350
• E)$890

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Definitions:

Sales Message

A communication designed to persuade a potential buyer about the benefits of a product or service, encouraging them to make a purchase.

New Cell Phone

The latest model or version of a mobile phone that incorporates recent technology and features.

Potential Customers

Individuals or entities likely to be interested in a company's product or service, considered prospects.

Order Placement

The act of formally requesting a product or service to be delivered or performed.