Illustrate what is the gdp of georges also johns island in, Ask an Expert

Economics

Q. George also John, stranded on an island, utilize clamshells for money. Last year George caught 300 fish also 5 wild boars. John grew 200 bunches of bananas. In the 2-person economy that George also John set up, fish sell for 1 clamshell each, boars sell for 10 clamshells each also bananas go for 5 clamshells a bunch. George paid John a total of 30 clamshells for helping him to dig bait for fishing also he also purchased five of John's mature banana trees for 30 clamshells each. Illustrate what is the GDP of George's also John's island in terms of clamshells?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9170540

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