(Table: iPhones) This table shows data for a country producing only iPhones. Its nominal GDP in 2010 is: Please show your work! Thanks!

Question

asked Sep 6, 2020 29.3k views

1 Answer

Astron · Answer 1 · 2020-09-13T14:19:29+0000

Answer:

B. $9,900

Explanation:

The gross domestic product is the product of quantity produced and their selling price:

90 × $110 = $9,900