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In 2010, the Laser Company produced 18 t-shirts. Three of them were sold to Catherine for $699 each, later that same year Catherine sold the now used t-shirts to Max for $571 each. The reaming t shirts that Laser produced were not sold to anyone that year and stay in their inventory at a value of $317 for each t-shirt. How much was added to GDP from the previously mentioned transactions?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91370481

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