Calculate the value of final goods (which will become part of the GDP) in the case given below

economics
cbse-class-10
sectors-ind-economy

#1

Calculate the value of final goods (which will become part of the GDP) in the case given below.
cotton farmer sells his weekly output of cotton to a weaver for ? 5,000. The weaver weaves cloth out of this and sells it to the cloth trader for ? 6,500. The trader sells part of this cloth to a shirt maker for ? 5,000 and the remaining cloth to a retailer for ? 3,000. The shirt maker makes 60 shirts, each selling for ? 150. The cloth retailer sells his cloth to the final customers for ? 4,000.
Ans.calculate-the-value-of-final-goods-which-will-become-part-of-the-gdp-in-the-case-given-below-67
calculate-the-value-of-final-goods-which-will-become-part-of-the-gdp-in-the-case-given-below-68