Gross domestic product adds together many different kinds of goods and services into a single measure of the value of economic activity. to do this, gdp makes use ofa. market pricesb. statistical estimates of the value of goods and services to consumersc. the maximum amount consumers would be willing to payd. princess based on the assumption that producers maxe no profits

Respuesta :

Gross domestic product adds together many different kinds of goods and services into a single measure of the value of economic activity the maximum amount consumers would be willing to pay.

Who decides market price?

Generally speaking, supply and demand determine how much anything costs on the stock market. Because of this, the stock market is comparable to other financial markets. A buyer and a seller trade money for shareholding when a stock is sold. When a stock is bought, the price that was paid for it has now become the new market rate.

Why does the market price matter?

The market price commodity is the point at which supply and demand for that good are equal. It is crucial for figuring out consumer surpluses, economic oversupply, etc. A item or service's market price may change as a result of changes or shocks with in demand and supply components.

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